Thailand’s Board of Investment (BOI) has approved six major investment projects worth a combined 958 billion baht (US$29 billion), including an 842 billion baht ($25 billion) expansion by TikTok’s local unit to strengthen Thailand’s digital infrastructure.
The project will expand data centres, servers, and processing facilities across Bangkok, Samut Prakan, and Chachoengsaoto support growing demand for digital services and AI-driven technologies.
Owned by ByteDance, TikTok also pledged to support digital literacy and e-commerce training programmes aimed at strengthening Thailand’s digital workforce and helping local entrepreneurs expand online.
The BOI recently reported a sharp rise in investment applications during the first quarter of 2026, driven largely by large-scale AI, digital, and electronics projects.