In September 2017, Thailand showcased its efforts to transform the nation into Thailand 4.0. The event, Digital Thailand Big Bang 2017, featured the latest technological innovations and attracted over 120 companies to come and share their insights into the road forward.
The exhibition is just one of many instances that signal the Thai government’s intent to push forward its digital transformation agenda. The initiative is aimed at driving Thailand beyond agriculture, light manufacturing and heavy industry to the fourth stage of economic development. The programmes will encourage new growth drivers, such as biotechnology, the Internet of Things and mechatronics. On top of that, the government has identified aviation as one of the new s-curve industries, seeking to become an exporter of high-valued industrial skills and technology.
In order for Thailand 4.0 to be successful, the country has to build up a wave of “Talent 4.0” to power its new future industries. The government recognises education as a key pillar to driving the future of the Thai economy. As such, it has allocated 20 percent of the budget on education, with the aim of building a strong talent pipeline with schools and universities through Science, Technology, Engineering and Maths (STEM) programmes.