Thu Oct 24 08:58:44 UTC 2024: Thailand is shifting its focus towards attracting international investments, particularly in technology, leveraging its friendly incentives and an abundance of skilled but affordable labor. Recent investments from major companies like Alphabet Inc., Microsoft Corp., and Nvidia Corp. signify this shift, with Nvidia’s expansion expected to boost job creation and facilitate knowledge transfer in the region.
Key beneficiaries of this investment include:
1. **Industrial Estate Developers**: WHA Corporation and Amata Corporation are likely to thrive from the establishment of data centers that require significant infrastructure.
2. **Power Generators**: Companies such as Gulf Energy Development, B.Grimm Power, and Global Power Synergy stand to gain due to the high energy demands from data centers.
3. **Telecommunications Providers**: Firms like True Corporation and Advanced Info Service (AIS) will benefit from increased data center operations and demand for services.
4. **Tech Service Providers**: Companies including Infraset, Proen Corp, Beryl 8 Plus, and Bluebik Group are positioned to take advantage of the opportunities related to service provision for data centers.
This influx of investment is expected to create a positive economic impact in Thailand’s technology sector.
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