Amazon Web Services Expands In Asia Pacific With $5 Billion Investment In Thailand Region

Zinger Key Points
  • AWS launches Asia Pacific (Thailand) Region, investing over $5B to boost local cloud capabilities and reduce latency.
  • The new region supports 11,000 jobs annually and adds $10B to Thailand's GDP, expanding AWS's global footprint to 111 zones.

Amazon.com, Inc. AMZN, through its cloud division, Amazon Web Services (AWS), disclosed the launch of AWS Asia Pacific (Thailand) Region, with a planned investment of over $5 billion.

The investment will enable customers to run workloads and securely store data in Thailand with reduced latency.

The new Thailand Region comprises three Availability Zones, designed for high availability with independent power, cooling, and security, connected through ultra-low-latency networks.

AWS expects the new Thailand Region to contribute approximately $10 billion to the country’s GDP and support over 11,000 full-time-equivalent jobs annually.

These roles will span construction, maintenance, engineering, telecommunications, and other areas within AWS’s supply chain.

The new region underscores AWS’s long-term commitment to meeting growing cloud demand in Thailand and across Asia Pacific.

The new launch expanded the global footprint to 111 Availability Zones across 35 regions, with plans to add 15 more zones and five new regions, including Mexico, New Zealand, and Saudi Arabia.

Yesterday, the company announced plans to invest $11 billion in Georgia through AWS. This investment aims to bolster infrastructure for cloud computing and artificial intelligence technologies.

Investors can gain exposure to the stock via ProShares Online Retail ETF ONLN and Fidelity MSCI Consumer Discretionary Index ETF FDIS.

Price Action: AMZN shares are up 0.49% at $223.20 premarket at the last check Wednesday.

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Photo by Sundry Photography via Shutterstock.

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