India's CtrlS Datacenters will invest 15 billion baht ($425.53 million) in Thailand, the Thai government said on Friday.

The investment in Thailand's eastern seaboard will create more than 1,000 jobs, create technology transfer and cloud training, the statement said. The initial investment would cover the lease for premises for 50 years, it said. ($1 = 35.2500 baht) (Reporting by Chayut Setboonsarng; Editing by Martin Petty)