Gulf Development Plans $4.3 Billion Data Center Expansion for 2,000 MW of AI Demand
Updated
Updated · Bloomberg · Jun 4
Gulf Development Plans $4.3 Billion Data Center Expansion for 2,000 MW of AI Demand
2 articles · Updated · Bloomberg · Jun 4
Summary
140 billion baht ($4.3 billion) will be spent over five years through Gulf Development to expand data centers and related infrastructure for Thailand’s fast-rising AI and cloud demand.
2,000 megawatts of additional capacity is the target, according to CFO Yupapin Wangviwat, a tenfold jump from the roughly 200 megawatts the company and its partners now operate.
Gulf is Thailand’s largest power producer, giving the expansion a built-in link between electricity supply and the energy-hungry computing infrastructure needed for AI growth.
The plan underscores how Southeast Asian infrastructure groups are scaling up data-center investment as AI adoption drives demand for power, servers and cloud capacity.