Depa establish the IoT Institute in the digital industry promotion zone. The objective is to provide technology infrastructure and digital innovation service, develop IoT tools and intelligent systems for small businesses, promote and transfer digital technology knowledge, promote the creation of new entrepreneurs doing IOT business, develop skills and understanding in the application of IoT technology for business, and provide consultancy and business matching between private sector and startups which stimulate economic growth of the country.
Located in the Digital Park Thailand and covered 60,000 sqm (30 rai), it is established to promote and support S-Curve industry which will enhance competitiveness and propel digital transformation of the country. Approximately 60% of the area will be designated for 5G lab, cloud innovation lab, AI design lab, and data analytics center.
IoT Institute comprise of 4 buildings. The first building is scheduled to be completed about 2 years from now and the remaining 3 buildings will be opened for joint venture by the private sectors.
Apart from providing the necessary infrastructure, digital ecosystem and business matching service between large tech companies and startups, IoT Institute is highly expected to attract S-Curve industry (automotive, electronics, food, robotics, hardware, software, telecom, digital service and content and data). Investors are also entitled to receive one stop service by BOI and depa such as exemption on corporate and personal income tax and Smart VISA for foreign workers.
Being a leader in driving human resource development and the application of IoT and AI in the ASEAN region.
Promote digital industry by focusing on R&D in digital innovation in line with Fourth Industrial Revolution
With the ultimate goal of promoting and driving digital industry and developing digital ecosystem, IoT and Digital Innovation Institute has targeted a group of leading companies, at home and abroad, for joint investment in digital technology and innovation in Digital Park Thailand as followings:
The Institute is located in Digital Park Thailand Laemchabang District, Chonburi province covering 30 rai and comprise 4 buildings as following:
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Digital Startups and Co-Working Center (First building) 4,500 sqm.
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Digital Innovation and Co-Creation Center (อาคารไอโอที 2) พื้นที่ 40,000 ตารางเมตร
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Digital Edutainment Complex (Third Building) 20,000 sqm.
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Digital Global Connect (Fourth building) 20,000 sqm.
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The Cabinet approved the Eastern Economic Corridor Development project on 28 June 2016 aimed at developing Thailand's Eastern Seaboard into a leading economic zone in ASEAN and assigned the Ministry of Digital Economy and Society to establish Eastern Economic Corridor Digital Innovation Zone (EECd) or Digital Park Thailand as part of the Eastern Economic Corridor.
Being a regional center investment and development in digital industry and innovation, the Digital Industry and Innovation Zone will focus on the commercialization of digital innovation which add value to the country’s digital industry and upgrade the existing ICT industry to the New S-Curve Digital Industry through the integration of cooperation between government, private sector and educational institutions for resource pooling and infrastructure sharing as well as living lab and testbed sandbox, for instance testing of software system in real environment prior to inception
There are plans to create a maker space and AR / VR Lab at the Digital Economy Promotion Agency, 2nd floor, Ladprao Hills Building through technical cooperation with the private sector. The area will be used as a space for development and consultancy for innovative IoT and AR / VR projects and testing of equipment/system by working with professional experts.
Furthermore, depa also invite companies that provide technology services such as cloud service, IoT platform, ISP, Software developer to provide knowledge on digital innovation and to create an enabling environment for the new generations, in particular startups, to innovate and commercialize their ideas or products.