IoT & Digital Innovation Institute
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.