By Rachel Lee
Internet of Things (IoT) experts from Thailand and Korea will gather in Bangkok to discuss the utilization of IoT platforms and devices and foster business partnerships.
At the "Trade Facilitation Workshop for Thai Micro, Small and Medium Enterprises (MSME)" on June 20 to 23, representatives from Korean IoT companies will meet their Thai counterparts and gain up-to-date Thai industry information through a Digital Economy Promotion Agency briefing.
The ASEAN-Korea Centre, the Department of International Trade Promotion (DITP) of Thailand and the Korea IoT Association organized the workshop with the theme "Enhancing Competitiveness of the Thai Internet of Things Industry."
"To propel Thailand towards a value-based economy, the Thai government adopted the Thailand 4.0 initiative as a new economic model," ASEAN-Korea Centre Secretary General Kim Young-sun said.
Thailand also developed the National Digital Economy Master Plan (2016-2020) that points out focus areas to drive digitalization of its economy, Kim said.
"To achieve this, Thailand seeks to further enhance the competitiveness of its MSMEs so that they can reap the full benefits of new trade opportunities in the global digital economy," he said. "Therefore, I hope this workshop provides a platform for Thailand and Korea to develop valuable networks and to work together toward value co-creation."
The trade facilitation workshop will be held at the DITP where Korean experts will share their expertise. Their presentations will cover topics such as "Converging IoT Devices and Platforms for Business Success," "Utilizing IoT Platforms for Value-Added Business Models," "Industrial IoT and Smart Factory," "Korea's IoT Industry and Product Development Cases of Korea" and "Industrial Trends and Policy Directions for IoT Development."
Kim, the Korean Ambassador to Thailand Noh Kwang-il and DITP officials are expected to attend the opening ceremony, the ASEAN-Korea Centre said.
The ASEAN-Korea Centre is an intergovernmental organization established in 2009 to promote exchanges among Korea and the 10 ASEAN member states.