Thailand ready to roll out digital economy projects
Thailand is ready to carry out 24 projects worth 3.75 billion THB (about 103.8 million USD) in 2016 to promote a digital economy, according to the country’s Ministry of Information and Communications.
Bangkok (VNA) – Thailand is ready to carry out 24 projects worth 3.75 bﷺillion THB (about 103.8 million USD) in 2016 to promote a digital economy, according to the country’s Ministry of Information a﷽nd Communications.
The ministry said those projects will develop a digital community network that will include the upgrade of 2,280 existing community ICT learning centres.
In the initial phase, 600 community centres will be upgraded under a 700 million THB (19.4 million USD) project.
The second project will launch 10,000 new public internet access spots at a cost of almost 900 million THB (24.9 million USD).
Two other projects are set to promote the use of digital technology by small- and medium-sized enterprises and the development of online internal communications channels among all agencies.
In October 2015, the Thai Government revealed a strategy to reform the economy towards a reduced dependence on exports while strengthening competitiveness with a greater emphasis on a digital economy.-VNA
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The Ministry of Commerce reported that imports also rose 18% to 29.9 billion USD during the same period, resulting in a trade surplus of 1.1 billion USD. In May alone, Thailand posted a 4.6 billion USD trade surplus with the US and a 4.1 billion USD trade deficit with China.
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Illustrative image (Photo: euractiv.com)
