MDES Supports Private Sector to Establish Thailand International Digital Business & Finance Centre (TIDC) Project, Boosting Investments in Digital Innovation to Advancing Thailand's Digital Economy

Press Releases »

The Ministry of Digital Economy and Society (MDES) supports TIDC to establish Thailand International Digital Business & Finance Centre (TIDC) project, which is a part of the collaboration between the two entities in order to support a digital-first ecosystem, the investment in digital businesses, and the development of digital business innovations in Thailand. The National Telecom Public Company Limited (NT) will also support TIDC project by being a participant who develops innovative ideas for digital businesses.

MDES Supports Private Sector to Establish Thailand International Digital Business & Finance Centre (TIDC) Project, Boosting Investments in Digital Innovation to Advancing Thailand's Digital Economy

TIDC project's goal is to create a globally unique, next-generation digital and online business hub in Thailand to enhance current and future innovations and attract investments from digital and online businesses, start-ups, and blue-chip companies from both domestically and globally. MDES Supports Private Sector to Establish Thailand International Digital Business & Finance Centre (TIDC) Project, Boosting Investments in Digital Innovation to Advancing Thailand's Digital Economy

TIDC project's key digital business sectors include future-oriented gaming and immersive experiences, innovative FinTech solutions, the advanced digitalization of public services, and the enhancement of digital service offerings across all sectors. This commitment to innovation extends to the strategic deployment of cutting-edge technologies, such as AI, Machine Learning (ML), Blockchain, Big Data Analytics, Cloud Computing, and IDC Technology.

In addition, TIDC project aims to create jobs and elevate local workforce competencies to align with international standards through knowledge transfer from globally recognized digital experts and specialists integrated within TIDC project, which will support the National Digital Economy and Society Development Plan and Policy (2018-2037). TIDC project also plans to launch the "Digital Economy Regulatory Sandbox" (DERS) as an experimental arena to test innovative ideas in digital businesses. Within DERS, the private and public sectors will be able to jointly test, learn, and propose regulatory framework development approaches to ensure that consumers in Thailand can use such innovations that meet world-class standards.

TIDC project will have a team of seasoned international experts with proven track records and achievements in deploying digital businesses from all around the world to help develop the project to successfully attract high value investment from world-class businesses and develop Thailand to be the leader in digital businesses, both regionally and globally.


ข่าวthe collaboration+innovativeวันนี้

Bangkok Bank joins BC Card to invite South Koreans to visit Thailand without the need to exchange money in advance by launching the Cross-Border QR Payment service that allows seamless scanning and payment just like locals, while strengthening the payment

Bangkok Bank joins BC Card, a major payment service provider in South Korea, to launch the Cross-Border QR Payment service. This enables South Korean tourists to use the Paybooc app to make payments in Thailand instantly, conveniently, and safely on a free of charge basis. Payments are processed using real-time exchange rates. In the next phase, the collaboration will expand to allow Thai customers to scan and pay in South Korea, further strengthening the Bank's position as a leader in digital

KTC highlights continued growth in Thaila... KTC Boosts Economy by Partnering with Shopee, Lazada, and TikTok for Year-End Exclusive Offers — KTC highlights continued growth in Thailand's online shop...

Taking place from 6th November to 30th De... ANANTARA SIAM WELCOMES A NEW MICHELIN-STAR CHEF RESIDENCY AT BISCOTTI — Taking place from 6th November to 30th December 2024, Bangkok's most iconic Italia...

International organisations under the Uni... International efforts to protect and empower ASEAN's women migrant workers — International organisations under the United Nations (UN) and the European Un...

PingPong and MODIFI Announce Partnership to Transform B2B Cross-border Payments and Digital Trade Finance

In a significant development for B2B cross-border payments, FinTech platform MODIFI today announced a global B2B Buy Now Pay Later (BNPL) functionality in partnership with PingPong, one of the...