GULF Plans Over 1GW Data Center Industrial Estate in Thailand, Eyes Foreign Investment in Gas Business

Thailand's leading energy conglomerate, GULF, is set to embark on the development of an industrial estate primarily targeting data centers. This ambitious plan aims to establish a large-scale industrial park with a power supply capacity exceeding 1 Gigawatt (GW), which is expected to contribute to the expansion of Thailand's digital infrastructure. The company intends to leverage this industrial estate development as a springboard to actively attract foreign investment. GULF is particularly focused on drawing investment into its gas business, aiming for further growth in Thailand's energy sector. GULF has established itself as a major player in Thailand's power generation sector and has recently been expanding its investments into renewable energy and digital infrastructure. The development of this data center-focused industrial estate is seen as part of the company's business diversification strategy. The Thai government has identified the promotion of the digital economy and the attraction of foreign investment as key policy priorities, and GULF's plan aligns with these governmental objectives. Source: MGR Online (Business)