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EEC Accelerates Digital Revolution with NT Partnership

Last updated: 9 Dec 2024
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In a significant milestone, the Eastern Economic Corridor (EEC) Policy Committee, represented by Dr. Chula Sukmanop, Secretary-General, and National Telecom Public Company Limited (NT), represented by Colonel Sanpachai Huvanandana, CEO, have officially signed a Memorandum of Understanding (MOU). This strategic partnership aims to accelerate the development of digital services and infrastructure within the EEC digital zone (EECd).

The collaboration with NT marks a crucial alliance for the EEC, particularly within the Special Economic Development Zone. The signing ceremony witnessed the participation of Dr. Kanate Wangpaichitr, Assistant Secretary-General of EEC in charge of the Digital Innovation and Technology Bureau, and Mr. Pattana Na Songkhla, Senior Executive Vice President of Operation, along with executives from both parties¹.


By joining forces with NT, the EEC aims to drive digital service and infrastructure development within the Special Economic Development Zone. Under this MOU, the two entities will explore various aspects, including:

1. Studying Suitable Digital Telecommunication Technologies: Focusing on identifying appropriate digital telecommunication technologies for the EECd.

2. Exploring Operational Processes and Service Models: Investigating operational processes and service models within the telecommunications network in the EECd.

3. Jointly Studying Action Plans: Collaborating on action plans related to infrastructure and digital technology systems in the EECd area.

This partnership holds great promise for advancing digital connectivity and enhancing the EEC's position as a hub for innovation and economic growth in Thailand.


How will this partnership benefit Thailand's economy?

This strategic partnership between the Eastern Economic Corridor (EEC) and National Telecom Public Company Limited (NT) holds several potential benefits for Thailand's economy:

1. Enhanced Digital Infrastructure: By collaborating with NT, the EEC aims to improve digital infrastructure within the Special Economic Development Zone. This includes better connectivity, faster internet speeds, and reliable communication networks. A robust digital infrastructure can attract more businesses, investors, and entrepreneurs to the region.

2. Attracting Investments: The partnership signals a commitment to fostering innovation and technology-driven growth. As the EEC develops cutting-edge digital services, it becomes an attractive destination for foreign direct investment (FDI). Companies seeking to expand their operations in Southeast Asia may choose the EEC due to its advanced infrastructure and supportive ecosystem.

3. Job Creation: As digital services and technology-related industries flourish, job opportunities will increase. Skilled professionals in areas such as telecommunications, software development, data analytics, and cybersecurity will find employment within the EEC. This, in turn, contributes to economic growth and reduces unemployment rates.

4. Economic Diversification: The EEC's focus on digital services diversifies Thailand's economy beyond traditional sectors like manufacturing and agriculture. By nurturing a thriving digital ecosystem, the country can reduce its dependence on specific industries and create a more resilient economy.


5. Innovation and Competitiveness: Collaboration with NT allows the EEC to stay at the forefront of technological advancements. Innovation drives competitiveness, and by fostering a culture of creativity and research, Thailand can compete globally in the digital arena.

6. Export Potential: A robust digital infrastructure enables efficient e-commerce, digital exports, and cross-border transactions. Thai companies can expand their reach internationally, boosting exports and contributing positively to the country's balance of trade.

In summary, this partnership aims to position the EEC as a hub for digital excellence, attracting investments, creating jobs, and driving economic prosperity for Thailand.


Credit News & Pictures: https://www.eeco.or.th/en/news-release-pr/1726
Credit Picture: www.eeco.or.th

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