Prof Narumon Pinyosinwat, a Thailand trade representative, said Srettha was planning to develop Thailand’s digital ecosystem and infrastructure to get the country ready for the 5th industrial revolution (5IR).
Narumon was clarifying Srettha’s digital hub vision announced on February 22.
She said Thailand’s 4th industrial revolution had been gradually taking place since 2010, when the country started embracing digital economy technologies, such as internet of things, robotics, blockchain, and biotechnology.
She said to get the country prepared for 5IR, the Srettha government has been trying to attract more foreign investments for developing the ecosystem necessary for embracing 5IR.
She said she has been following up on Srettha’s policy initiative to invite more foreign businesses to invest in data centre and data analytics in the country.
She said that during 5IR, the personalised economy would take the centre stage, as businesses would personalise their services for particular customers and data centres and data analytics would be essential for a personalised economy.