Depa and Ericsson Jointly Commence Thailand Digital Valley
- Collaboration will focus on driving digitization in Thailand in support of the country’s 4.0 vision
- Ericsson’s leading 5G solutions will form a testbed for trials of new wireless and network technologies, spectrum sharing, as well as new applications and services for Thailand.
The Digital Economy Promotion Agency (depa) and Ericsson (NASDAQ: ERIC) have officially commenced their collaboration on depa’s Thailand Digital Valley - an ambitious project to develop Thailand’s own version of Silicon Valley in the United States.
The launch event included sessions with key stakeholders such as the Federation of Thai Industries, global technology solution providers, and start-ups.
Thailand Digital Valley, located 50 miles east of Bangkok, is expected to become Southeast Asia’s new digital hub that supports Thailand and the region’s digital transformation. The project is forecast to create around 20,000 new jobs and attract more than 5 billion baht worth of foreign direct investment annually.
Ericsson and depa recently signed a Memorandum of Understanding to collaborate towards driving 5G based digital transformation in Thailand. The collaboration entails sharing best practices, advanced understanding and Ericsson’s state-of-the-art technology to accelerate Thailand’s journey towards becoming a digital economy.
As part of the MoU, Ericsson and depa will establish an innovation lab (Innolab) in depa’s Thailand Digital Valley in Chonburi province that will serve as a 5G testbed and service center for trials of new wireless and network technologies, spectrum sharing, as well as new applications and services in Thailand.
“As a 5G leader, who has been in Thailand for 117 years, we are committed to leveraging our leading, trusted solutions and global ecosystem of partners to drive the digital transformation of the country. We look forward to further working with depa, Thai operators, enterprises and start-ups to unlock the potential of 5G, through the co-creation of 5G use cases,” said Dr. Jesada Sivaraks, Head of Government and Industry Relations, Ericsson Thailand.
“Thailand Digital Valley will play a significant role in uplifting the digital ecosystem of Thailand and prompt the country to become Southeast Asia’s digital hub. It will be the key driving forces for the digital industry, investment atmosphere and global trade and collaboration,” said Dr. Nuttapon Nimmanphatcharin, depa’s President & CEO.
According to depa, Thailand Digital Valley will become the key digital ecosystem that lays the foundation for Thailand to be the new center of research and development, It will support co-creation of new hardware and smart devices as well as relevant technologies such as Big Data, IoT, AI, Software Convergence, Cloud Innovation and other digital content and services, including animations, games and e-sports.
Ericsson is a global 5G leader and today powers 147 live 5G networks in 63 countries with 24 live 5G standalone networks across the world.
NOTES TO EDITORS:
Ericsson enables communications service providers and enterprises to capture the full value of connectivity. The company’s portfolio spans the following business areas: Networks, Cloud Software and Services, Enterprise Wireless Solutions, Global Communications Platform, and Technologies and New Businesses. It is designed to help our customers go digital, increase efficiency and find new revenue streams. Ericsson’s innovation investments have delivered the benefits of mobility and mobile broadband to billions of people globally. Ericsson stock is listed on Nasdaq Stockholm and on Nasdaq New York. www.ericsson.com
Digital Economy Promotion Agency (DEPA) was established by virtue of the Digital Development for Economy and Society Act B.E. 2560 (A.D. 2017) promulgated on 23 January 2017, the second year in the Reign of King Rama X to take the role of a government agency, whose status was a legal entity and not a government service according to the National Government Organization Act or a state enterprise according to the Budget Procedure Act and none other. The agency aimed to support and promote the development of digital industry and innovation, support and promote digital technology adoption which benefit the national economy, society, culture, and security according to Article 34 of the Act. A Commission, whose members had been appointed by the Minister of Digital Economy and Society, was authorized to regulate and ensure the agency’s performance.