Raimon Land Announces Memorandum of Understanding on Sustainable Data Centers

BANGKOK–(BUSINESS WIRE)–Raimon Land Public Company Limited, Nava Nakorn Public Company Limited and RATCH Group Public Company Limited will join forces to explore the development of green data centers.

Stéphane Michel, Chief Operating Officer of Raimon Land, said Raimon Land is pleased to announce its collaboration with Nava Nakorn Public Company Limited and RATCH Group Public Company Limited, in pursuit of further exploration and understanding insights into the rapidly growing sustainable data center market. . This follows Raimon Land’s recent announcement of a strategic partnership with US-based Nautilus Data Technologies, the global leader in green and ESG data center technologies.

When the Memorandum of Understanding is signed between the three parties, the foundations are laid for a more harmonious and coherent collaboration and use of the key expertise of each party.

The data center market is one of the fastest growing markets in the new economy, with the evolution of cloud services and the continued adoption of permanent work from home among a host of market drivers. This joint agreement is an important first step towards penetrating the nascent data center market in the Kingdom of Thailand as well as the ASEAN region.

About RAIMON LAND

Raimon Land is Thailand’s leading luxury developer. To date, the company has developed over 20 key residential and commercial projects totaling over $2 billion. Its current One City Center project, slated for completion in late 2022, will be one of Thailand’s tallest office towers and a landmark in downtown Bangkok. Raimon Land has been listed on Thailand’s SET since 1993.

Ramon J. Espinoza