STECON, a Thai construction and infrastructure group, is pivoting into data center development and water utilities supply. The company has already begun selling water to one data center client with 2–3 more projects in pipeline for FY2025. They are now seeking a strategic partner to develop a new data center on their own land on Bangkok-Tart Road (km 4.5), with clarity expected by end-2026. This represents a strategic diversification into recurring revenue infrastructure services targeting the growing data center and industrial estate markets in Thailand.
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