The government attracts private investors to invest in upgrading the industry. electronics

Politics

House, Government Spokesperson Revealing that the government is attracting the private sector to invest in upgrading the electronics industry. Drive Thailand to be the number 1 production base in the region and support knowledge exchange and increase foreign investment. in related industries Mr. Chai Watcharong, spokesman for the Prime Minister's Office, revealed that the government aims to promote investment in the upstream electronics industry. which follows the vision of Mr. Settha Thavisin, Prime Minister and Minister of Finance The upstream electronics industry is considered one of the three target industries to upgrade industry and technology in the country. It is believed that it will help elevate Thailand to Industry 5.0 and a new economic system driven by technology and innovation. A spokesman for the Prime Minister's Office said that the three target industries include the digital industry. electronic industry and the electric vehicle (EV) industry. The government has assigned relevant agencies, both public and private, to implement policies to attract investment in the upstream electronics industry. to attract investment and accelerate the upgrading of this type of industry. including other related industries The Board of Investment (BOI) supports the Thai electronics industry. aim to be 'The leading electronic circuit board production base in the world market' It is expected that by 2025, the electronic circuit board industry It will have a value of up to 8 billion US dollars or approximately 270 billion baht by requesting investment promotion in the production of printed circuit boards (PCB and PCBA) during 2018 - November 2023. There are a total of 106 projects with a total investment value. 150,557 million baht, with major investors in the world choosing Thailand as a production base for printed circuit boards, both PCB (Printed Circuit Board) and PCBA (Printed Circuit Board Assembly), making Thailand the number 1 production base in ASEAN and number 2. of the region after China 'The Prime Mini ster supports investment in 3 target industries. To raise the level of industry and technology in the country Convinced that Thailand has potential and readiness That will continue to develop in the technology and innovation industry, which will result in labor development, Thai education, and reduce inequality. and believe that Thailand is ready to be the future industrial center in the region,' Mr. Chai said. Source: Thai News Agency