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Home ยป Thailand increases support for startups with AI, Fintech, green technology
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Thailand increases support for startups with AI, Fintech, green technology

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To strengthen the country’s startup ecosystem, the government has accelerated the development of infrastructure.

Thailand has positioned itself as an emerging digital economy center in the region, the capacity of the data center increasing by 54% in the past three years – ranking third in the Anase. The country is expected to attract around 260 billion baht to investments in data centers between 2024 and 2027.

According to Krithpaka, the NIA has established a robust support framework focused on “Groom-Grant-Growth-Global” concept.

This initiative includes Space Co-creator Installations designed for technology tests and product development, alongside incubation programs that offer vital financing and training to emerging businesses.

In addition, the agency has launched business co -financing initiatives in collaboration with the Thai Venture Capital Association (TVCA), offering startups up to 10 million baht.

The agency has also favored links with world startup centers in regions such as Hong Kong, Japan, South Korea, Germany and Nordic countries, improving collaboration and growth opportunities.

Thailand increases support for startups with AI, Fintech, green technology

Despite the positive prospects, Krithpaka highlighted several challenges.

“We must accelerate the development of human capital to support market growth and establish long -term confidence in attracting investments and promoting the sustainable development of ecosystems”, ” she noted.

The Director of NIA stressed that the success of the rapidly evolving technological landscape requires adaptability.

“The construction systems that can adapt quickly, is like creating a solid base for business. This flexibility allows startups to grow and expand their operations continuously”, “ She concluded.

The Agency continues to work closely with the public and private sectors to create opportunities for Thai startups to access international markets and develop sustainable commercial models aligned with ESG global principles.

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