Top investment destinations
Mr Crispaka said Thailand remains a promising investment destination due to its large domestic market, convenient business operations, competitive stock market and low start-up costs.
Additionally, the country's technology infrastructure is ready to support business operations and the stock market is competitive with impressive valuations and strong liquidity, she said.
“Compared to other countries, Thailand's startup investment costs are still low. Further AI applications are expected in Thailand this year, including business analysis, market analysis, medical process improvement, education, and job creation. As a result, electronics We expect to increase the business value of AI-enabled industries such as robotics and robotics.” He promised that the government would provide strong support, especially for AI applied research.
healthy ecosystem
This year, NIA received a budget of 1 billion baht and a further 150 million baht in research grants from Thailand Science Research and Innovation (TSRI). With such funding, more Thai startups, including unicorns, will emerge this year, he said.
“NIA's core approach is to develop innovation-driven businesses that address sustainability issues in agriculture, animal and plant industries, circular economy, low carbon economy, clean energy, and digital businesses deploying AI, robotics, immersive & IoT. is to provide financial support for development. [ARI Tech]as well as EVs and related technologies,” she said.
NIA aims to foster growth and foster the startup ecosystem through investment and market connectivity. Thailand's startup scene will see significant growth in his 2023, with over 1,000 new startups entering the market. Meanwhile, LINEMAN Wongnai is one of the startups that achieved unicorn status this year, with a market capitalization of his US$265 million (Bt9.44 billion). Thailand also ranks him 52nd in Startupblink's Global Startup Ecosystem Index.
