Thailand’s Industry Ministry expects Thailand to become a leader in robotic and automation technology by 2026, following investments in robot-based production systems.
Minister Suriya Juangroongruangkit said Thailand is currently in a mid-term development plan, from 2018 to 2021, to develop these technologies in line with the government’s S-curve scheme.
According to the Industry Ministry, Thailand is emphasizing robotics, automation and system integration (SI) development in a move to eventually produce technologies of its own. There are 74 SI-related businesses registered with the Center of Robotic Excellence (CORE) and 25% of factories use automation and robotics technologies.
The ministry believes the ongoing COVID-19 pandemic will also encourage many factories to adopt more advanced technology and automation, to avoid crowding at factories. Meanwhile, the Board of Investment is offering 50% corporate income tax reduction, lasting three years, to promote investment in technology upgrades and production efficiency improvements.
Minister Suriya Juangroongruangkit said Thailand is currently in a mid-term development plan, from 2018 to 2021, to develop these technologies in line with the government’s S-curve scheme.
According to the Industry Ministry, Thailand is emphasizing robotics, automation and system integration (SI) development in a move to eventually produce technologies of its own. There are 74 SI-related businesses registered with the Center of Robotic Excellence (CORE) and 25% of factories use automation and robotics technologies.
The ministry believes the ongoing COVID-19 pandemic will also encourage many factories to adopt more advanced technology and automation, to avoid crowding at factories. Meanwhile, the Board of Investment is offering 50% corporate income tax reduction, lasting three years, to promote investment in technology upgrades and production efficiency improvements.