BANGKOK, June 9 (Reuters) - Thai B. Grimm Power Pcl

and Singaporean digital infrastructure firm Digital

Edge will invest $1 billion in a 100-megawatt data centre in

Thailand, the companies said in a statement on Monday.

Southeast Asia's second-largest economy and its neighbours

have become an attractive destination for investments in digital

infrastructure and data centres from tech companies seeking new

sources of clean energy to meet surging demand from artificial

intelligence.

The plan announced on Monday is the latest in a series of

moves by tech giants in Thailand, with Bytedance's Tiktok

investing $8.8 billion over five years and Alphabet Inc's ( GOOG ) Google

also planning a $1 billion facility.

Thailand's investment board in May approved $3 billion worth

of investments in data centres and energy projects.

Microsoft ( MSFT ) also said last year that it plans to open

its first regional data centre in Thailand.

B. Grimm Power and Digital Edge said in the statement that

construction on the project will be "fast-tracked" to meet the

needs of global tech firms planning to scale up their AI

infrastructure in Southeast Asia. They aim to make it ready for

service by the fourth quarter of 2026.

"By combining renewable energy with cutting-edge data centre

technology, we're enabling the country's transformation into a

regional AI and cloud innovation hub," said Group President of

B.Grimm Power, Harald Link.