China · Japan · Nation Thailand
10 Years On, Free and Open Indo-Pacific Continues to Evolve: Building Shared Prosperity Through Technology and Talent
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In August 2016, at the opening session of the Sixth Tokyo International Conference on African Development (TICAD VI) in Nairobi, Kenya, then Japanese Prime Minister Shinzo Abe unveiled the Free and Open Indo-Pacific (FOIP), a diplomatic strategy that
Key facts
- The project carries an initial investment of $1.5 billion (approximately 39 trillion dong), with operations targeted to begin in November 2027.
- ATTA fears 50% fall in Chinese group tours to Thailand at Lunar New Year 2027
- Ten years have passed since FOIP was first proposed
- Brent drops US$1.93 a barrel on October 27 amid Iran talks
- As a result, approvals for new data centers were effectively suspended in 2019.
- Designed to meet growing demand driven by AI, the campus will be one of the largest of its kind in the Asia-Pacific region, with the first building scheduled to begin operations in April 2027.
Summary
Ten years have passed since FOIP was first proposed. From the outset, its core principles have been respect for freedom, openness, diversity, inclusiveness, and the rule of law.
A Hub for AI and Semiconductors Southeast Asia, once known as the “world’s factory” for its low labor costs, is gaining prominence as a new hub for the artificial intelligence (AI) and semiconductor industries. Behind this shift is a trend toward “de-risking”—reducing dependence on China by reorganizing supply chains and diversifying production bases in response to escalating US-China tensions.