Central Pattana plc, is moving forward with its strategy of ‘The Ecosystem for All’ with new assets that fulfil the needs for future living by developing a 34-megawatt data centre with Evolution Data Centres (EDC), a data centre platform provider which seeks to expand its business to cover Southeast Asia.
As carrier neutral data centre, the new data centre will support connections to network service providers without limits. With expertise in infrastructure development that meets world-class standards and state-of-the-art high-performance technology, the data centre targeting large corporate customers.
The sustainable hyper-scale data centre is expected to cater to the rapidly increasing demand for cloud computing and data storage as well as enhance the digital infrastructure industry in Bangkok and Thailand and attract foreign investment, putting Thailand forward to become a future hub of data centres.
Phoom Chirathivat, Head of Alternative Investments, Central Pattana plc, said “Central Pattana has a vision to move towards an ecosystem business model. In addition to our main business of real estate project development, which includes shopping centres, community malls, office buildings, hotels, as well as mixed-use developments in strategic locations nationwide, we are looking for opportunities to invest in new businesses that help strengthen our ecosystem and ensure its sustainability in order to uplift people’s quality of life and push forward the overall economy of the country.”
“Partnering with EDC is an important step in setting a new standard for the data centre business in Thailand with world-class cutting-edge and high-performance technology.
Central Pattana can provide the strength and expertise in developing projects in strategic locations that meet the needs of various businesses, as data centres require a location with a suitable environment, high security, and close proximity to a power source. Our partner, EDC, has the expertise and experience in data centre solutions and is expanding its business to Southeast Asia. Therefore, we believe that this cooperation will significantly increase growth and prepare Thailand’s digital economy infrastructure. Our first phase is expected to open in the second half of 2024,” Phoom said.
“We are excited to be partnering with Central Pattana plc to bring our expertise to Thailand,” said Darren Webb, Chief Executive Officer of Evolution Data Centres (EDC).
“Thailand is an important market with high growth, and we are committed to delivering world-class infrastructure to support the country’s digital transformation. We look forward to combining the strengths of EDC and Central Pattana to build and operate a hyper-scale and green data centre to underpin the future growth,” he said.
A data centre joint venture is a major milestone for Central Pattana towards a future business model for the era of modern data economy, which will be beneficial to the country and various sectors in many ways as follows:
- The new project will support the development of digital economy infrastructure in the country, as the Thai government has a policy to promote data centre business zones to spur investment in technology-related businesses while further opening opportunities to attract more foreign investment.
- It will digital transformation of both the public and the private sectors, as there will be more demand for data storage services. High-performance data centres will help support domestic businesses in creating innovations that will better meet the needs of future living.
- Central Group’s data centre investments will allow a more powerful synergy among its businesses. The group is committed to jointly developing data-driven omni-channels to support each other. Investing in the data centre allows for the utilization of data for business development within the ecosystem to meet future lifestyles.
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