STT GDC and Frasers Property TH to build $301.48m data centre in Bangkok

The first phase of construction is expected to be completed by 2021.

Singapore-headquartered ST Telemedia Global Data Centres (STT GDC) and Frasers Property Thailand have invested $301.48m (฿7b) to build a hyperscale data centre in Bangkok, according to a press release.

Also read: Data centre operators turn West amidst Tai Seng space crunch

The site will have two buildings, covering 60,000 sqm in gross floor area. This is said to become the largest one in Thailand.

“The joint venture’s first data centre in Ramkhamhaeng is located in the centre of Bangkok, which will help develop seamless connectivity and ease of access to business communities. We expect a strong demand from banking and financial institutions, e-commerce players, global cloud operators, MNC’s and local corporates,” said Sopon Racharaksa, president of FPT.

The firms recently held a piling ceremony to start the first phase of development, which is scheduled to be completed in 2021.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia

Top News

Horizon3 sets up ASEAN headquarters in Singapore

The cybersecurity company will expand its local team following a $319.8m (US$250m) funding round.

Information Technology

34 minutes ago

Daily Markets Briefing: STI slip 0.07%; Top stock is DFI Retail

DFI Retail is the top stock with a 1.82% increase.

Stocks

34 minutes ago

Specialty chemicals manufacturing facility on Jurong Island for sale

The fully equipped facility is clean and ready to be recommissioned.

Commercial Property

12 hours ago

September surge masks looming export slowdown to 6% in 2027

Maybank raised its 2026 forecast to 27% from 18% in the same report.Non-oil domestic exports (NODX) growth could slow to 6% in 2027 as supply chain pressures and higher financing costs weigh on shipment momentum, Maybank Research Pte Ltd said.

Economy

16 hours ago