Thailand 4.0 looks at next-gen auto industry, robotics, aerospace

BANGKOK – Thailand is implementing new policies aimed at future-proofing its workforce and industry, particularly in the automotive, robotics, and aerospace sectors. The measures, known collectively as Thailand 4.0, centre on incentivising foreign direct investment and nurturing innovation for 10 key future-focussed industries.

 The goal is to foster an ecosystem that promotes emerging technology, innovation, and creativity within each sector.
Thailand 4.0 comes as part of a broader and concerted spending effort -- including a huge boost in infrastructure investment to lift economic growth and create new long-term opportunities to take Thailand out of the middle income trap.
Attractive new enticements under the 4.0 policy seek to bring a next-generation automotive industry to Thailand. Companies like BMW are weighing investment in advanced battery factories,others working on advancements in electric, solar and hydrogen car technologies.
Thailand's bid to move up the value chain makes the robotics industry an obvious choice, given its growth prospects and how interlinked automation is with modern auto production.
Aerospace is another key focal point of the Thailand 4.0 program. www.boi.go.th