Focus on innovation as phase two of Science Park goes ahead

Tech March 18, 2014 00:00

By The Nation

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The second phase of Thailand Science Park has kicked off with the focus on the development of innovation clusters that will push Thailand into the next level on research and innovation.

Janekrishna Kanatharana, vice-president of the National Science and Development Agency (NSTDA) and director of Thailand Science Park, said that Thailand was striving to become a knowledge-based economy and a key player among Asean Economic Community (AEC) member countries. 
In order to achieve this humongous challenge, Janekrishna said that Thailand must up its investment in projects related to research development and innovation.
Janekrishna said that Thailand would play an important strategic role once AEC was established in 2015, and Thailand Science Park was inviting international companies that were looking to place their research and innovation hubs in Asean to join the park’s ever growing and vibrant community.
The park plans to create and develop innovation clusters that comprise local and multinational firms, national technology centres and universities.
“Thammasat University, Sirindhorn International Institute of Technology and the Asian Institute of Technology, which is located near Thailand Science Park, along with five industrial estates nearby, will be engaged to fasten the flow of innovation among players in the value chains,” Janekrishna.
“We start by spinning our existing first-phase components to form the two innovation clusters. As the spinning rate increases, more parties will be drawn in to form a bigger shuttle.” 
Currently, the total infrastructure investment at the park is US$150 million.