Business
Krungsri Backs USD 880M Data Center Push to Make Thailand ASEAN’s AI Hub
Krungsri financed two major data center projects in May 2026, including an USD 880M green loan for a Digital Edge-BGRIM joint venture in EEC and bilateral financing for a Japanese operator, reinforcing Thailand’s position as a regional digital economy hub.
Key Points
• Krungsri is advancing its role in Thailand’s data center industry by completing two major financing transactions in May 2026, including a USD 880 million green loan for a 100MW project in the EEC and bilateral financing for a leading Japanese data center operator.
• The Bank leverages MUFG’s global network to deliver comprehensive financial solutions for hyperscalers, multinational operators, and infrastructure investors, supporting Thailand’s ambition to become a regional AI and digital economy hub.
• Through financing and knowledge-sharing seminars, Krungsri aims to strengthen Thailand’s digital infrastructure, foster investment, and drive sustainable growth of the country’s data center ecosystem.
Krungsri Advances Its Role in Thailand’s Data Center Industry
Krungsri (Bank of Ayudhya PCL), a member of Mitsubishi UFJ Financial Group (MUFG), is strengthening its position as a key financial partner in Thailand’s data center sector. The Bank is actively supporting the development of digital infrastructure and positioning Thailand as a regional hub for artificial intelligence and digital technology. In May 2026, Krungsri successfully completed financing for two major data center projects, including a USD 880 million green loan supporting a 100MW development in Thailand’s Eastern Economic Corridor (EEC), and bilateral financing for a leading Japanese data center operator expanding across Thailand.
Beyond direct financing, Krungsri organized seminars for corporate clients and investors to share knowledge, highlight investment trends, and foster stronger business networks within the data center ecosystem. Mr. Prakob Phiencharoen, Krungsri Head of Corporate and Investment Banking Group, emphasized the Bank’s end-to-end support strategy, leveraging MUFG’s global network and regional expertise — particularly in Singapore — to serve hyperscalers, digital platforms, infrastructure investors, and multinational corporations. The goal is to advance Thailand’s AI ecosystem and long-term national competitiveness through tailored financial solutions and global connectivity.
Japanese Investment and Thailand’s Strategic Digital Position
Mr. Kohei Omori, Krungsri Head of Japanese Corporate Banking, highlighted the accelerating trend of Japanese companies investing in overseas data centers, driven by growing demand for cloud services and AI technology. Thailand has emerged as a preferred destination due to its strategic geographic location, robust infrastructure, large-scale investment capacity, and strong government support. These factors collectively position Thailand not merely as an investment destination, but as a regional digital hub for expanding services across ASEAN, reflecting growing international confidence in the country’s digital economy.
Krungsri remains firmly committed to serving as a comprehensive financial partner for corporates and investors, combining its network strength, sector expertise, and diverse financial solutions to support Thailand’s digital infrastructure ambitions. Led by Mr. Prakob Phiencharoen and Mr. Kohei Omori, the Bank continues reaffirming its dedication to driving sustainable growth in Thailand’s data center industry. Ultimately, Krungsri’s efforts aim to solidify Thailand’s role as a sustainable regional hub for the digital economy, contributing meaningfully to the nation’s long-term technological advancement and economic development.
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