Mr. Pajongwit Pongsivapai, Chief Executive Officer of WHA Industrial Development Public Company Limited (WHAID), Thailand’s Number 1 Industrial Estate Developers and subsidiary of WHA Corporation PCL (SET: WHA), revealed that WHAID had fulfill a land sales contract with Haoyang Data Center 1 (Thailand) Limited, a subsidiary of Chinese’s top Hyperscale Data Center service Beijing Haoyang Cloud & Data Technology Co., Ltd.
Haoyang Data, received support from the Board of Investment of Thailand, raised an investment fund worth USD 2.2 billion to create a 300 MW Hyperscale Data Center at WHA Eastern Seaboard Industrial Estate 4 (WHA ESIE 4). Its operation is expected to begin in 2026, using renewable energy as the data center’s main source of power.
Mr. Pajongwit stated that WHAID is aware of the challenge in developing and investing in data centers. The company has been developing technology and capability continually to provide modern integrated solutions, with a strong focus on providing trustworthy infrastructure services that address global investors’ demand.
This focus is particular on the data center industry, which requires stable energy, communication networks, and water supply. WHA Group is well prepared to meet this demand to support the data center operation due to WHA Utilities and Power PCL (SET: WHAUP)’s specialization in managing utility and energy.
The signing of this agreement came during the transformation in the data center industry. The demand on AI’s computing is rising, along with the essential of edge computing, and the focus on sustainability.
Edge computing has become a major trend due to its close proximity of data processing to the point of use which reduce the latency, lower bandwidth, and increase trustworthiness, suitable for the application that require real time response, such as autonomous vehicles, smart factories and real-time data analytics.
The long term collaboration between WHAID and Haoyang Data reflects Thailand’s readiness to embrace the future of technology and the investment on AI, with focus on sustainability. The strategic location on the Eastern Economic Corridor and the government’s policy in supporting the investment will help push the nation into becoming the region’s digital center hub.
This investment not only pushes economic growth and job creation, but also highlights Thailand’s position in driving the digital ecosystem over a long term. This is also aligned with the company’s mission “WHA : WE SHAPE THE FUTURE” as WHA Group aims to become the leader in creating the future through the development of modern and sustainable infrastructure.
Therefore, this collaboration is considered as an important step in driving that vision by using AI technology to create a new opportunity and open a growing path that covers all dimensions.
Mr. Lai Ning Ning, Chairman and CEO of Haoyang Data, stated that the global demand on computing that is rising is due to the advancement of AI. The company is pleased to bring its experience from China to Thailand. The strategic investment in this Hyperscale Data Center reflects the commitment in supporting the growth of Thailand’s digital infrastructure.
Mr. Ning Ning also added this project will also support the organization’s image on the global scale, pushing Thailand into becoming the region’s digital center, and supporting Chinese’s business international expansion.
