Evolution Data Centres (EDC) has signed a joint venture agreement with Central Pattana PCL to design, build and operate a state-of-the-art carrier-neutral data centre in central Bangkok. Central Pattana PCL is one of the largest property developers in Thailand. The company's portfolio includes retail, residential, and mixed-use developments, as well as hotels and office buildings.
The partnership will see the development of a new 34MW, sustainably focussed, carrier-neutral data centre facility in Thailand. It will provide world-class infrastructure to support the digital economy and meet the growing demand for cloud and data centre services in the country.
EDC has selected Thailand as part of its strategy to focus on growing markets and specifically because of the country’s high internet usage and technology-savvy population. As part of its commitment to build greener data centres, EDC will work with Central Pattana to ensure that the new data centre will minimise its impact on the environment. This announcement further builds on Evolution’s growth into the emerging economies across Asia, following the notice earlier this year of their entry into the Philippines market.
"We are excited to be partnering with Central Pattana PCL to bring our expertise to Thailand," said Darren Webb, Chief Executive Officer of Evolution Data Centres. "Thailand is an important, high growth market, for us, and we are committed to delivering world-class infrastructure to support the country's digital transformation. We have seen some of the major Cloud providers recently move into the country, we look forward to combining the strengths of EDC and Central Pattana PCL to build and operate a hyper-scale, greener data centre, to underpin the future growth.”
"Central Pattana is proud to partner with Evolution Data Centres to bring cutting-edge technology to Thailand," said Mr. Phoom Chirathivat, Head of Hotel and Alternative Investments. "This joint venture marks a significant milestone for our company and is in line with our vision to become a leading mixed-use property 2 developer regionally which includes digital infrastructure in Thailand. With EDC's expertise in data centre solutions, we are confident that our partnership will contribute to the growth of Thailand's digital economy."
The joint venture represents a significant investment by Central Pattana PCL in Thailand's digital economy and underscores its commitment to developing world-class infrastructure to support the country's growing technology sector. Phase 1 of the new Bangkok facility is expected to be operational in H2 2024.