The Board of Investment of Thailand (BOI) and UBM will soon host “Subcon Thailand 2018” to promote the Kingdom as a major subcontracting hub in the region in accordance with the government’s “Industry 4.0” policy.
Thai subcontractors will be able to secure foreign deals and partners at an event “capable of generating more than 6,500 business matches” and “create business valued at over Bt12 billion”, BOI secretary general Duangjai Asawachintachit said.
“With the readiness of infrastructure and the government’s plan to move ahead with the Thailand 4.0 policy, Thailand has become one of the most attractive business destinations and the centre for attracting high-technology industrial investment,” he said.
“It has also become a bridge to link subcontracting and parts manufacturing industries. With this readiness, BOI has a policy to link Thai subcontracting industry to higher development for serving Industry 4.0, which is focusing on research and development, innovation and value added for future industry or New S-Curve, such as automation and robotic industry.”
Subcon Thailand 2018 will have a zone for Thai enterprises in automation and robotic clusters, along with enterprises in System Integrator-SI in engineering, electronics and software development.
More than 350 companies in Thailand and from “more than 10” other countries will exhibit.
There will be pavilions from Japan and Taiwan and more than 25,000 buyers from various industries, such as automotive, electronic and machinery and future industries including aviation, medical equipment, robotics and automation and digital.
SUBCON Thailand 2018 will be ASEAN’s largest industrial subcontracting and business matching event, held in conjunction with INTERMACH 2018. It will be held from May 16 to 19 at the Bangkok International & Trade Exhibition Centre (BITEC), Bangna Bangkok.