PM Leads New York Roadshow, Meets Global Funds Worth 40 Trillion Dollars Interested in Thai Data Centers

โดย Kaohoon·THUS·Read original
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A Thai government delegation led by Prime Minister Anutin Charnvirakul, together with Supajee Suthumpun, Deputy Prime Minister and Minister of Commerce, Chaichanok Chidchob, Minister of Digital Economy and Society, Paiboon Nalinthrangkurn, Chairman of the Thai Capital Market Business Council, and Asadej Kongsiri, Director and Manager of the Stock Exchange of Thailand, traveled to a roadshow at Bank of America in New York on September 22, 2026, to present Thailand's potential to about 25 major institutional investors and global businesses. They were welcomed by Bernard Mensah, President of International at Bank of America, and Orakanya Piboontham, Managing Director of Bank of America National Association. Orakanya said most of the funds taking part already invest in Thailand, such as BlackRock, Blackstone, Citadel and Fidelity, with combined assets under management of about 40 trillion US dollars. A separate one-on-one meeting chose to hold discussions with Pacific Investment Management Company, or PIMCO, which has about 2.5 trillion US dollars in assets under management and has begun expanding into the data center business through lending or buying bonds of data center operators. Supajee disclosed that investors are very interested in Thailand, especially investment in infrastructure funds and the data center business, because Thailand has the advantage of being a hub of the ASEAN region in terms of geopolitics, infrastructure connectivity and internet connectivity through cables. The Prime Minister confirmed cooperation with Microsoft and affirmed that the government attaches great importance to strict fiscal discipline, with borrowing still within the set ceiling. Paiboon said that over the past three years about 500 billion baht, or roughly 15 billion US dollars, in foreign capital flowed out of the Thai market, while this year about 1.5 billion dollars, or roughly 50 billion baht, has flowed back in, accounting for about 10 percent of the money that had flowed out. The Prime Minister has set a goal of driving Thailand from a middle-income country to a high-income country by 2037 and raising the investment-to-GDP ratio to 30 percent.

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Microsoft Corporation
MSFT
▲ PositiveDemandrelevance

PM confirmed cooperation with Microsoft in the context of Thai data center and infrastructure investment interest.

Artificial Intelligence · 1 stocks

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CitadelPrivate± Mixed
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