Thai Delegation Explores Technological Cooperation at South Korea’s Pangyo Techno Valley Startup Campus

SEOUL, July 18 – The “Thailand Joint Public-Private Economic Delegation” embarked on the second day of their South Korean visit with great enthusiasm as they explored the renowned Pangyo Techno Valley Startup Campus. The visit, organized under the Asian Productivity Organization (APO) industrial training program, aimed to strengthen bilateral technological collaboration between Thailand and South Korea.

Led by Nattapol Rangsitpo, the Permanent Deputy Minister of the Thai Ministry of Industry, the delegation sought to gain insights from the dynamic Korean startup ecosystem, particularly the thriving Pangyo Techno Valley, widely recognized as a leading venture hub in Korea.

Upon their arrival, the delegation was warmly received and given an extensive introduction to the bustling Pangyo Techno Valley. They were taken on a guided tour of the startup campus, familiarizing themselves with the innovative initiatives and groundbreaking projects being developed by Korean startups.

Nattapol Rangsitpo and his economic delegation paid special attention to the “Digital Open Lab,” an instrumental facility provided by GBSA to support the growth and development of emerging unicorn companies. The lab offered state-of-the-art amenities, including 3D printers and test beds, designed to nurture and accelerate the progress of promising startups.

In an exclusive statement, Nattapol Rangsitpo expressed his admiration for Pangyo Techno Valley, comparing it to the famed Silicon Valley of Asia. He emphasized the potential for enhanced collaboration between Pangyo Techno Valley and the Korean government, leading to a more robust and mutually beneficial relationship between Thailand and South Korea in the realm of technology and innovation.

The Thailand Joint Public-Private Economic Delegation had the opportunity to engage in insightful discussions with Jeong Dae-jin, the Deputy Assistant for Trade at the Ministry of Trade, Industry, and Energy, a day earlier on July 17. The discussions centered around exploring potential avenues to bolster economic cooperation in emerging industries, with a particular focus on electric vehicles, digital transformation, and industrial policy.

The visit to Pangyo Techno Valley holds immense promise for both Thailand and South Korea. By fostering bilateral technological cooperation, this tour seeks to facilitate knowledge exchange and drive technological advancements in Thailand’s burgeoning startup scene. The delegation aims to bring back invaluable lessons and experiences from Korea’s vibrant startup ecosystem to further stimulate Thailand’s own technological growth and development.

As the delegation’s visit to South Korea comes to a close, the prospects for a stronger bond between the two nations in the field of innovation seem brighter than ever. With the seeds of collaboration planted, it remains to be seen how this joint endeavor will pave the way for a more dynamic and prosperous future for both countries.