The electronics industry is a key strategic sector according to the Thailand Board of Investment (BOI), aimed at fostering investments to position Thailand as a hub for smart electronics production in ASEAN. The focus is on developing capabilities to support high-tech ventures and future industries.
Based on the preliminary outline of the Smart Electronics Industry Development Plan Phase 1 (2023-2027), the vision is for Thailand to become a central hub for manufacturing intelligent electronic devices and systems in ASEAN, with indigenous technology by the year 2027. The plan encompasses four main objectives: Smart Home, Smart Factory, Smart Hospital & Health, and Smart Farm, aiming to elevate the entire supply chain within the smart electronics industry.
During the initial phase (2023-2027), the primary goal is to upgrade the smart electronics industry by integrating advanced technology throughout the entire supply chain. Key performance indicators include increasing the export value of smart electronics products to represent 60% of the electrical and electronics industry by 2027. Additionally, the investment in research and development for the smart electronics industry should contribute no less than 1% of the industrial GDP by 2027, fostering a comprehensive eco-system for smart electronics in Thailand.
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Ref.
The Board of Investment of Thailand
E&E Intelligence Unit (EIU), Electrical and Electronics Institute (EEI)
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Regional Business Matching Platform: Facilitating business connections between exhibitors of Subcon Thailand and industrial part buyers, this stage is orchestrated by the Thai Enterprise Development Division. It enhances business prospects and opportunities for collaboration with leading global industrial component buyers from both Tier 1 and Tier 2 manufacturers in critical industries such as automotive, electric vehicles, electronics, metal components, plastics, rubber, medical instruments, aerospace, and rail systems.
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⚙️ "The only event supported and co-organized by the Board of Investment of Thailand (BOI) and the Thai Subcontracting Promotion Association.
⚙️ Now in its 18th consecutive year, this event is widely recognized as a regional leader in the parts - procurement platform.
⚙️ Industrial component buyers, both domestic and international, are exclusively invited by the BOI and global offices.
⚙️ Premier regional business matchmaking activities, providing manufacturers with the opportunity to showcase products to leading component buyers.
⚙️ The event attracts over 20,000 high-quality visitors, including manufacturers, buyers, and industry entrepreneur, with a focus on the new s-curve industries.
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INTERMACH 2024, the event showcasing machinery and manufacturing technologies for purchasing industrial parts from leading suppliers in ASEAN, comes together with PLASTICS AND RUBBER THAILAND 2024, the event presenting machinery and raw materials for the plastic and rubber manufacturing industry, covering the entire production process. The event also expands its exhibition to include the international automotive Tyre industry, automotive repair and maintenance, and tire equipment by collaborating with the international event
Tyrexpo Asia 2024.
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Don't miss… Subcon Thailand 2024, 15 – 18 May 2024 at BITEC Bangkok
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