Almost half of True Digital Park’s first phased booked

Corporate November 24, 2017 01:00


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TRUE has completed 20 per cent of the first phrase of its True Digital Park and secured reservations for 40 per cent of the space.

The park, scheduled to be completed in 2022, is being promoted by the technology company as an emerging global hub for digital innovation. 

Thanasorn Jaidee, president of True Digital Park, said that the first phrase of the project – coveriong 40,000 square metres - would be finished next year. The companies that have booked 40 per cent of this space come from Thailand and abroad, with plans to set laboratories, training centres and one-stop services, among other activities.

“We want to build an e-unicorn in the country and the region,” said Thanasorn. “Thailand is a key destination for foreigners and we will build up a global technology presence for the region and be a global hub for digital innovation. “

He said the park was developed as an open, innovation platform that promotes collaboration between multinational companies, start-ups, small and medium-sized enterprises, investors, universities and the public sector under one roof. 

The park is in Bangkok, in Sukhumvit 101, in the Punnawithi innovation district. It comes with four fully integrated spaces for co-working, enterprises space, innovation needs and for events and business services.

The company said the co-working space is designed for working, learning and innovating and will be open for entrepreneurs and start-up teams. It can accommodate 1,000 people. The events will come with seating for 300.

The enterprise space comes with state of the art offices for tech companies and mature start ups, the company said.

The innovation space will serve as a technology centre equipped with tech tools, open labs and an experience centre.

The events and business services space will provide one-stop services for a wide range of consultation activities, such as visa applications for foreign workers.

He said the project comes with six main components designed for a start-up ecosystem, including facilities for global technology companies that want to set up their headquarters or subsidiaries in Thailand, as well as for start ups and entrepreneurs focused on the Internet of Things, Big Data analytics, artificial intelligence, e-commerce and machine learning.

The services would also support so-called incubators and accelerators, along with investors and venture capitalists.

Thanasorn said the park, when fully completed, would have around 77,000 square metres. The company will spend about Bt500 million to mange the park. 

"Bangkok is the top digital destination in Thailand,” Thanasorn said.