India’s CtrlS Datacenters to invest $3.3bn in capacity expansion
Hyderabad-headquartered CtrlS Datacenters said it is planning a significant capital expenditure of between Rs 24,000-28,000 crore (~US$2.9 billion-US$3.3 billion) to expand its capacity over the next few years. The company intends to carry out the commitment by 2029 to increase its IT load capac...
July 04
Sarath Ratanavadi’s Gulf Energy ventures into AI digital infrastructure
Gulf Energy Development Pcl, helmed by billionaire Sarath Ratanavadi, is accelerating its diversification into data centres on the back of the AI boom. To that extent, the group and its partners have earmarked 10 billion baht (US$271 million) for the expansion of their facility located in the vicinity of Bangkok, Thailand. The project aims to double the centre's energy c...
July 04
Thailand Board of Investment approves $1.5bn in investment, including data centre projects
The Thailand Board of Investment (BOI) has approved the investment promotion applications of eight large projects worth a combined USD 1.54 billion (56.95 billion baht), including data centes as well as a bio-ethylene plant, power plants, and a new hospital. The Board approved “two large data centre projects”, aiming to support the economy's digital transformation, and ...
June 28
The Tech Capital unveils the 2nd edition of the Asia Finance Forum 2024 – Bookings now open
London, UK / Jakarta, Indonesia, March 21, 2024 – The Tech Capital is thrilled to announce the highly anticipated 2nd edition of the Asia Finance Forum (AFF) taking place on November 20-21, 2024, in Jakarta, Indonesia. The AFF, a leading finance and investment forum by The Tech Capital, will bring together 200 professionals from over 140 companies and 15 countries, represent...
March 21
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