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Thailand : DIGITAL Innovation Park to be created by CAT and IEAT.

With an intention to develop a digital innovation park in eastern Thailand to promote the governments Thailand 4.0 policy CAT Telecom has collaborated with the Industrial Estate Authority of Thailand.

The park according to the plan will be situated at CAT's 600-rai (96 hectares) plot in Sri Racha, Chon Buri province. At present, CAT's satellite earth station, submarine-cable landing station and data centre are situated at the area.

A memorandum of understanding was signed by CAT Telecom and the IEAT to co-study the project for one year. The study will cover the park's design, planning and construction.

The park will be a centre of IT including for data, cloud computing and the Internet of things. After finishing the study, CAT intends to look for strategic investment partners.

Veerapong Chaiperm, governor of IEAT, said that the park would be located in the eastern economic corridor that the government aimed to promote to serve 10 industrial clusters including automatives, petrochemical and medical to woo more foreign companies.

Surapant Meknavin, acting CAT president, said that the project would support the government's Thailand 4.0 policy for start-ups.

Surapant said that CAT planned to install 100 billion bits per second of international circuits at the park to link with other Asean countries to serve more demand for data services.

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Publication:Mena Report
Geographic Code:9THAI
Date:Aug 3, 2016
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