Amazon Web Services To Invest $5B For Digital Infrastructure In Thailand

Amazon Web Services (AWS), an Amazon.com Inc AMZN company, is planning to open an infrastructure Region in Thailand.
The new AWS Asia Pacific (Bangkok) Region will consist of three Availability Zones, adding to the existing 87 Availability Zones across 27 geographic regions.
The upcoming AWS Region in Thailand will enable developers, startups, and enterprises to run their applications and serve end users from AWS data centers located in Thailand.
The government, education, and nonprofit organizations can also use the services.
The provision ensures data security for those customers who want to to keep their data in Thailand.
AWS plans an estimated investment of more than $5 billion (190 billion baht) in Thailand over 15 years.
AWS has plans for 24 more Availability Zones across eight more AWS Regions in Australia, Canada, India, Israel, New Zealand, Spain, Switzerland, and Thailand.
Also Read: Bulls And Bears Of The Week: Amazon, Tesla, Apple, Meta And Why An Analyst Is Turning Less Positive On 2 Legacy Automakers
Price Action: AMZN shares are trading higher by 2.10% at $116.18 in premarket on the last check Tuesday.
Photo Via Company