The Thailand Boi Approved A Total Of Bt170.5bn Projects Including Tiktok’s Project. Credit: Thailand Board Of Investment.

TikTok, owned by China’s ByteDance, is set to make Bt126.8bn ($3.76bn) investment in data hosting services in Thailand.

The investment by TikTok Pte., the Singapore-based unit of the Chinese tech giant, has received approval from the Thailand Board of Investment (BOI), with operations scheduled to commence in 2026.

Related Company Profiles

View all

TikTok, which boasts more than a billion users globally, is joining other industry firms such as Amazon Web Services, Google, NEXTDC, CtrlS Datacenters, and GDS IDC Services in establishing a footprint in the Thai market.

 

The company’s investment forms part of $5bn worth of new initiatives approved by the Thailand’s BOI that includes a Bt3.25bn investment by Siam AI, a local company focusing on cloud services powered by AI.

In 2024, Google announced a $1bn investment in Thailand, following Amazon Web Services’ $5bn commitment over 15 years.

Microsoft has also revealed plans to open its first regional data centre in Thailand.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Thailand BOI secretary general Narit Therdsteerasukdi said: “TikTok’s and Siam AI’s investments mark a significant step in enhancing Thailand’s digital and AI infrastructure and supporting the national goal of becoming a digital innovation hub in ASEAN.”

TikTok’s plans for Thailand come in the wake of US President Donald Trump’s recent statement indicating that Microsoft is in talks to acquire TikTok.

 

Trump expressed interest in a bidding war for the video-sharing app.

According to media reports, the White House is said to be negotiating a deal and aims to address the country’s concerns on national security, data privacy associated with TikTok.

In addition, reports have emerged that Oracle, alongside a consortium of investors, is also in the running to acquire the social media platform.