Summit for innovative work
Techsauce announced the launch of the Techsauce Global Summit 2024 at the Queen Sirikit National Convention Centre in Bangkok from August 7-9 to ensure the continuity of Asia’s foremost cutting-edge technology event. It assembles a formidable alliance of technology partners from both the public and private sectors in Thailand, alongside more than 300 foreign companies from 40 countries worldwide.
“Last year’s summit generated more than 300 million baht in economic growth for Thailand, which aligned seamlessly with the agency’s mission to catalyse technological investment within Thailand, alongside attracting foreign capital inflows and fostering the growth and global expansion of Thai SMEs [small and medium-sized enterprises] and startups,” Oranuch said.
“Moreover, it underscores our commitment to fostering robust knowledge-sharing within the tech industry, nurturing Thai entrepreneurs in technology and innovation.”
She added that similar events were scheduled to be held in Indonesia’s Bali on September 12-13, and Vietnam’s Ho Chi Minh on October 11.
Thailand’s digital transformation
The Digital Economy and Society Ministry said that Techsauce’s bid to drive Thailand as the technology gateway aligns with the ministry’s plan to enhance the competitiveness of the Thai digital startup sector.
“This comprehensive strategy encompasses various initiatives, such as the establishment of platforms to promote Thai startups, the creation of a digital startup fund to facilitate investor support through co-investment with the private sector, and the promotion of digital service accounts,” said Digital Economy and Society Minister Prasert Jantararuangtong.
He affirmed that the government was also paying attention to the adoption of artificial intelligence to enhance the country’s economy and society, as well as boosting competitiveness in the digital market.
If the plan succeeds, Thailand would have an advantage in digital competitiveness, and become a technology gateway to the region, he added.
