Thai investment board approves Stratus Technology’s $727 million data centre project

BANGKOK (Reuters) -Thailand’s Board of Investment on Friday said it had approved a plan by Stratus Technology, an affiliate of China’s ZDATA Technologies, to invest 23.7 billion baht ($727.22 million) in a new data centre project.

The board also approved a planned 4.96 billion baht ($152.19 million) investment by Thai Vietjet Air Joint Stock Co to acquire six new passenger aircraft, it said in a statement. 

($1 = 32.5900 baht)

(Reporting by Chayut Setboonsarng, Writing by Devjyot Ghoshal; Editing by Martin Petty)

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