Story image

Thailand 4.0 picks up speed following Alibaba investment

23 Apr 18

In a ceremony witnessed by the Deputy Prime Minister of Thailand, Somkid Jatusripitak, Alibaba signed an agreement to support the development of Thailand 4.0.

The strategic partnership between the technology giant and the Government of Thailand seeks to push the development of the nation’s digital economy. Key initiatives include establishing a Smart Digital Hub, training digital talent and empowering smart tourism.

"Confident in the promising outlook of the Thai economy, the Thailand 4.0 policy initiative, and the high potential of the EEC development, Alibaba has decided to invest in a Smart Digital Hub in the EEC area,” Jatusripitak comments.

“The Smart Digital Hub will be an important platform to link Thai SME and OTOP (One Tambon One Product) products and agricultural products to, not only China but also global markets.”

“The strategic cooperation with Alibaba will bring benefits to Thai SMEs and farmers as well as tourism industry, while pushing forward digital economic development in Thailand,” Jatusripitak adds. 

The deal will see Alibaba attempt to connect Thai SMEs with its 500 million active users in the Chinese e-commerce market. In addition, as a part of Alibaba’s training collaboration with the Thai Government, SMEs across Thailand will be able to gain e-commerce knowledge and skills to start e-businesses, learning how to leverage the internet of develop their business.

The training collaboration will also see Alibaba Business School work to provide students in Thailand with opportunities to take part in various academic exchanges and courses offered in Hangzhou. China.

Additionally, Thailand’s first official rice store was launched on Tmall during the signing ceremony. Tmall is the world’s largest third-party platform for brands and retailers. Likewise, Alibaba will also help drive the e-commerce sale of Thai fruit and agricultural products in China.

Moreover, the agreement extends to tourism as well, seeing the Tourism Authority of Thailand (TAT) team up with Alibaba’s online travel business Fliggy.

The aim of this arm of the collaboration is to support small and digital tourism in Thailand. Fliggy will work with TAT to offer smart technological experiences at tourist attractions across Thailand. Together, both parties will work to “shine the spotlight on Thailand’s best and brighest hidden gem tourist attractions”, Alibaba explained in the announcement.

This ranges from online tour guides to electronic ticketing systems.

HPE extends cloud-based AI tool InfoSight to servers
HPE asserts it is a big deal as the system can drive down operating costs, plug disruptive performance gaps, and free up time to allow IT staff to innovate.
Digital Realty opens new AU data centre – and announces another one
On the day that Digital Realty cut the ribbon for its new Sydney data centre, it revealed that it will soon begin developing another one.
'Public cloud is not a panacea' - 91% of IT leaders want hybrid
Nutanix research suggests cloud interoperability and app mobility outrank cost and security for primary hybrid cloud benefits.
Altaro introduces WAN-optimised replication for VMs
"WAN-optimised replication allows businesses to continue working in the case of damage to on-premise servers."
DDN part of data mining mission on Mars
DataDirect Networks (DDN) today announced that it will be playing a role in one of NASA’s most critical missions.
Opinion: Data centre management can learn from the Navy
While a nuclear submarine may seem like a completely different beast from a data centre, the similarities in how they should be managed are striking and many.
14 milestones Workday has achieved in 2018
We look into the key achievements of business software vendor Workday this year
HPE building new supercomputer with €38m price tag
It will be installed at the High Performance Computing Center of the University of Stuttgart and will be the world's fastest for industrial production.