It is expected that the Thai Digital Economy Promotion Agency (DEPA) will soon issue the terms of reference for the private sector to invest in the Digital Park Thailand project, which is located at Chonburi’s Sri Racha district.
The USD 130 million project is part of the Eastern Economic Corridor (EEC) special economic zone covering Chonburi, Rayong and Chachoengsao. The EEC involves several other related projects: High-Speed Rail Linked Three Airport Project, Motorway No. 7 Project (Bangkok – Ban Chang, Pattaya – Map Ta Phut), U-Tapao Airport and Eastern Airport City Development Project, Eastern Economic Corridor of Innovation (EECi), and Laem Chabang Port Development Project Phase 3,
The Digital Park aims at attracting world-class tech firms in areas such edutainment, drones, robots, and e-sports. Digital Park Thailand will be implemented as a public-private sector participation greenfield project, offering tax and other incentives.
There are also plans to establish an IoT institute at the Digital Park, equipped with cloud innovation labs, AI design, virtual reality, augmented reality and 5G labs and data analytics centers.
In June 2019, the authorities invited private investors interested in investing in the Digital Park Thailand Project to participate in a market sounding hearing.
(Source: The Nation)