Board of Investment reports on investment in the North
Orapin Sawadpanich, Director of Regional Investment and Economic Center 1 for the Board of Investment reported on BoI approved projects in the North in 2016.
The Board of Investment (BoI) reported that agriculture saw the largest
amount of investment funds in the North while companies from the Netherlands
invested the most.
Orapin Sawadpanich, Director of
Regional Investment and Economic Center 1, said that 1,546 projects were
approved for BoI status in the country valued at 584 billion baht. In the
seventeen Northern provinces 150 projects were approved with a value of 18
billion baht. Additionally the BoI has the authority to support industries
using innovation and high technology including software development.
Agriculture saw the highest amount of
investment but the government is working to urge entrepreneurs to invest
further in R&D and technology. The Netherlands invested the most out of all
foreign investors followed by Singapore and Japan. Foreign investment
accounted for 22 percent of all projects.
Most of the BoI applications were made
in Chiang Mai, with 82 projects or 55 percent of all projects in the 17
Northern provinces. Total value of projects in Chiang Mai reached 2.71
billion baht. Tak came second with 23 projects and 3.79 billion baht, most
of the projects were for agriculture and agricultural products.
The BoI will be holding seminars to
meet with investors and will continue cooperation with other organizations
to provide support for investors.
Philips showcases innovation technology
Philips introduced new high tech filters capable of removing viruses, allergens, and pollution at an event held at Le Coq d’Or.
Philips Thailand held an event at Chiang Mai restaurant Le Coq d’Or with Chi
Chang Computer Co. Ltd. to showcase innovation technology including new high
end air purifiers and lifesaving automated external defibrillators.
The company invited consumers, corporations, hospitals,
government agencies and the private sector to learn more about the equipment
including a high performance air purifier that can be used in large areas
such as schools and offices. The new AC6609 is a fusion of new advancements
including Area Sense and the Vita Shield IPS which constantly measures air
quality and purifies at a fast rate. The new filter can remove particles as
small as 0.02 microns and various gases which can harm the respiratory
system. The new filter can also filter out viruses and bacteria.
The AREA filter can detect and remove air pollution up to
PM 2.5 while the Vista Shield IPS filter removes tiny dust particles,
dangerous gases, bacteria, viruses and other air pollution. The filter can
also remove allergens from the air. The Nano Product filter is able to catch
particles a small as 0.20 microns, or 20 nanometers and is certified by the
AHAM, an American institute that is one of the leading institutions of the
world in testing air purifiers, and the European national institute of
Regional Thailand Tech Show held in Chiang Mai
Piyachat Kaiwanitch Berton, Director of NSTDA Northern Region, Dr. Manote
Naklata, Physics Researcher, Faculty of Engineering, Chiang Mai University
and Narong Tananuwat, Managing Director of Dzentric Co., and others join for
a group photo after the signing of the Memorandum of Understanding at the
Regional Thailand Tech Show
Researchers joined hands with the National Science and
Technology Development Agency: NSTDA at the Regional Thailand Tech Show held
at the Holiday Inn Chiang Mai on December 15, 2016 to display research
exhibitions and sign a Memorandum of Understanding between the NSTDA, a
Chiang Mai University researcher and a private company to develop new fire
Opened by Suwipa Wansathop, Assistant Director of NSTDA and
executives from agency partners the event featured research by the NSTDA and
in cooperation with organizations and attracted entrepreneurs, investors,
and people interested in technology in the North.
Suwipa Wansathop, Assistant Director of NSTDA, said that
Ministry of Science and Technology by National Science and Technology
Development Agency: NSTDA organized the show in Chiang Mai as the center for
entrepreneurs, investors, and people interested in starting technology
businesses in the North. Agricultural product processing like pharmaceutical
cream/gel from Szechuan peppers, tea seed meal, and bat flowers for pain
relief along with antifungals through sunblock lotion, mosquito lotion, nano
products, industrial objects for energy saving, and Geo Polymer. Also a
group supporting Smart Farmers with such technology as antimicrobial film,
pond coating technology with natural rubber solution, various agricultural
machines like banana slicers, herbal shredder, rice straw compressors and
others were on display along with booths showing and selling innovative
The Assistant Director added that apart part from the
research there was a special lecture on the new S-Curve to Thailand 4.0 on
the government’s policy plans to convert the country’s economy from heavy
industry to one based on technobolgy, innovation, and creativity. There was
a lecture on “Strengthening Brand in the Digital Era” and on “Innovation of
Additionally the NSTDA signed a Memorandum of understanding
on the development of fire resistant insulation between Piyachat Kaiwanitch
Berton, Director of NSTDA Northern Region, Dr. Manote Naklata, Physics
Researcher, Faculty of Engineering, Chiang Mai University and Narong
Tananuwat, Managing Director of Dzentric Co., Ltd. for commercial production
of the product in the future.