depa Partners with BOI to Propel Thai Competitiveness via "Digital Provider Catalog", Offering Maximum Support of THB 100 Million

Asst. Prof. Dr. Nuttapon Nimmanphatcharin, President/CEO of Digital Economy Promotion Agency (depa), revealed that following the Board of Investment of Thailand (BOI) announcement regarding investment promotion measures to enhance competitiveness in targeted industries, depa is moving forward to elevate the digital capabilities of entrepreneurs in key sectors. These target industries include Agriculture and Biotechnology, Smart Electronics, High-value Food Processing, Comprehensive Medical Industry, Next-Generation Automotive, Defense, Biofuels and Biochemicals, and Robotics. To qualify for support to improve operational efficiency with modern technology, Thai entrepreneurs must adopt digital technologies developed or modified by digital providers certified or registered on depa's Thailand Digital Catalog. Implementation must fall under one or more of the following categories

1. Software, Program, or Information System Integration: Adoption of systems for integrated internal management, which may also include external connectivity. The system must feature data integration across at least three functions to enhance production or service efficiency.
2. Advanced Technology Application: The application of Artificial Intelligence (AI), Machine Learning, Big Data, or Data Analytics.

"For Thai Small and Medium-sized Enterprises (SMEs), the requirement involves a minimum investment of THB 20 million (excluding land and working capital). For other enterprise sizes, the minimum investment is set at THB 50 million (excluding land and working capital). Entrepreneurs seeking promotion must incur investment costs or expenses related to digital technologies from providers listed on the Thailand Digital Catalog." stated President/CEO of depa.

He further added that under this measure, depa will support 30% of the actual investment value, up to a maximum of THB 100 million per legal entity. All approved projects must be completed within one year.

Entrepreneurs interested in applying for support can search for and select certified digital providers from Thailand Digital Catalog via https://short.depa.or.th/1LOik. Further details on the competitiveness enhancement support measures are available at https://short.depa.or.th/yAPQ6.

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