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BOI Approves Investments Worth US$5 Billion, Including TikTok’s Data Hosting Project

The Thailand Board of Investment (BOI), at a meeting chaired today by Deputy Prime Minister Pichai Chunhavajira, granted promotion benefits to a total of 170.5 billion baht (US$5 Billion) in investments, including a 126.8 billion baht data hosting project by TikTok, and a 3.25 billion baht cloud services project by Siam AI. The board also approved investment incentives for the production of Sustainable Aviation Fuel (SAF).

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