Data Center Regulations Impact Limited, 6 Stocks Recommended

Post Today•Economy•6d ago

Reader Briefing

Krungsri Securities assesses that upcoming government regulations for Data Centers will have limited fundamental impact on supply chain stocks.

•The Minister of Finance will chair the first Data Center Business Policy Committee meeting on September 4, 2026.
•Krungsri Securities views the regulatory concerns as primarily negative psychology with limited fundamental impact.
•The PDP2026 power plan is scheduled for public hearing on September 8, 2026.
•Six stocks across industrial estate, power, and construction sectors are recommended for accumulation.

•The Minister of Finance, as Chairman of the Data Center Business Policy Committee, will call the first committee meeting on September 4, 2026.
•The Data Center Business Policy Committee aims to enforce existing laws strictly and consider economic, social, and environmental impacts.
•Current Data Center capacity in Thailand is estimated at 300-500 megawatts (MW).
•Krungsri Securities believes existing Data Centers operating illegally are the primary risk group, specifically affecting electricity providers.
•New Data Centers will be required to have water and electricity plans, environmental and safety plans, and emphasize local content.
•The PDP2026 plan is scheduled for public hearing on September 8, 2026, with a proposal to the Cabinet and announcement by the end of the year.
•Data Center support plans for the next 10-12 years are framed at 8,000-20,000 megawatts (MW), compared to 3,000-5,000 megawatts (MW) already approved by the BOI.
•Krungsri Securities recommends accumulating shares of Amata Corporation, Gulf Energy Development, Global Power Synergy, Stecon Group, Pylon, and Infraset.

Full article content is available on the original source.

Krungsri Securities(บล.กรุงศรี)

A securities firm that provided the analysis on Data Center business regulation impacts.

Data Center Business Policy Committee(คณะกรรมการนโยบายการประกอบกิจการ Data Center)

The committee responsible for considering guidelines for the regulation of the Data Center business.

Cabinet(ครม.)

The body to which the PDP2026 plan will be proposed.

BOI(บีโอไอ)

The agency that has already approved 3,000-5,000 megawatts of Data Center capacity.

Amata Corporation Public Company Limited(บริษัท อมตะ คอร์ปอเรชัน จำกัด (มหาชน))

An industrial estate company recommended for accumulation with the stock symbol AMATA.

Gulf Energy Development Public Company Limited(บริษัท กัลฟ์ ดีเวลลอปเมนท์ จำกัด (มหาชน))

A power plant company recommended for accumulation with the stock symbol GULF.

Global Power Synergy Public Company Limited(บริษัท โกลบอล เพาเวอร์ ซินเนอร์ยี่ จำกัด (มหาชน))

A power plant company recommended for accumulation with the stock symbol GPSC.

Stecon Group Public Company Limited(บริษัท สเตคอน กรุ๊ป จำกัด (มหาชน))

A construction company recommended for accumulation with the stock symbol STECON.

Pylon Public Company Limited(บริษัท ไพลอน จำกัด (มหาชน))

A construction company recommended for accumulation with the stock symbol PYLON.

Infraset Public Company Limited(บริษัท อินฟราเซท จำกัด (มหาชน))

A construction company recommended for accumulation with the stock symbol INSET.

Minister of Finance(รมว.คลัง)ℹ️

The Chairman of the Data Center Business Policy Committee.

PDP2026

A power development plan scheduled for public hearing on September 8, 2026.