Thailand is all set to witness a sea-change in the digital industry with the True Digital Park. It is receiving investment privileges from the Board of Investment. Situated on Sukhumvit Road, this park is expected to soon become a global success while promoting technology and innovation development in Thailand. This is the right time to invest in the digital economy in Thailand.
Spread over 41,000 square meters, the park has all sorts of amenities for digital businesses. There are innovation creation spaces, technology labs, events and business service spaces. Additionally, it has spaces for academics, co-working spaces, one-stop service centres, and innovation centres.
However, Google, Amazon Web Services, Huawei Technologies, ZTE, and Google are some committed global tech players at the Park. The best part is that it is planning to connect international startups, incubators, government agencies, accelerators, and tech companies.
Thailand will be the main attraction to the country’s future tech innovation ecosystem. Additionally, the Thai government provides incentive packages to reduce regulations. Above all, it offers additional privileges for digital specialists. The foreign executives and foreign talents, or start-up entrepreneurs of this industry will be eligible for smart visas.
The speciality of Digital Economy of Thailand
In fact, a memorandum of understanding exists between CAT Telecom and the IEAT (Industrial Estate Authority of Thailand) to be in charge of the project’s development. Also, the state telecom will majorly invest in the park while providing digital infrastructure.
If you do not know already, Thailand is consistently ranking at the top of the lists for absorbing remote workers. This is good news for non-Thais who are looking to relocate internationally. Places like Chiang Mai are hosting annual conferences for all the digital nomads. Above all, No-mad Summit is one such event. With such thoughtful initiatives, Thailand’s culture of innovation is recognized by global experts.
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