Thailand’s Prime Minister, Srettha Thavisin, announced the country’s expectation of receiving investments totaling at least $5 billion from prominent tech giants, including Tesla, Google, and Microsoft.
While details of the investments were not specified, Tesla is reportedly considering an electric vehicle manufacturing facility, while Microsoft and Google are exploring data center investments.
These investments come as a significant economic boost for Thailand, whose economy has faced challenges, with projected growth reduced to 2.8% due to weaker exports.