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secutech_TH_2022

EEC Signs Lease Agreement with CtrlS for Leasing Space within the EEC Area Attracting over THB 15 billion investments into Thailand

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(February 2nd, 2567) Dr. Nalinee Thaveesin, Thailand Trade Representative, and H.E. Mr. Nagesh Singh, Ambassador of India to Thailand, witnessed the signing ceremony of the lease agreement in the EEC within the Special Economic Zone of the EECd, Chonburi Province.

          This agreement was signed between the Eastern Economic Corridor (EEC) Policy Committee Office by Dr. Chula Sukmanop, Secretary-General of the EEC, and CtrlS Datacenters, an Indian company, by Mr. Siddharth Singh, Senior Vice President, Marketing of CtrlS Datacenters, to establish a world-leading data center hub(Hyperscale Datacenter) in Thailand.

This signing ceremony signifies the success in attracting targeted industrial investments into the EEC area. CtrlS, a leading hyperscale tier 4 data center operator from India and the largest in Asia, leased 25 rais of land within the EECd for 50 years. The Hyperscale Datacenter project, capable of accommodating the highest digital data volume, marks the first overseas investment expansion. It brings investments worth over THB 15,000 million, generating approximately THB 1,300 million in rental income for the EECd supporting around 1,000 job opportunities. It also facilitates technology transfer, relevant training in cloud services, and promotes sustainable innovation development, aligning with the government's policy and driving economic growth to enhance the country's competitiveness.

          The Hyperscale Datacenter project will utilize energy management technology and clean energy to support a maximum power capacity of 150 megawatts. Its strategic location near the Chonburi submarine cable station, a central connecting point with both underwater and land cable networks, enables international connections to countries such as the United States, China, Japan, Singapore, and Taiwan

Source: Eastern Economic Corridor (EEC) Office