Economy
Regional Science Parks Boost Thai Economy by Over 1.3 Billion Baht
Thailand's Ministry of Higher Education, Science, Research and Innovation reports that regional science park initiatives have generated 1.357 billion baht in annual economic value.
On September 1, 2026, Tipawan Vetchakarn, Director of the Division of Promotion and Coordination for Science, Research and Innovation (PROSCI) under the Ministry of Higher Education, Science, Research and Innovation (MHESI), announced the successful outcomes of the 2026 Regional Science Park Consortium project. According to Khaosod Online Thailand, the initiative, themed 'Thailand Frontier Technology Impact,' focused on enhancing the competitiveness of local entrepreneurs through 12 specialized training courses in modern technology.
The program aims to equip business owners with advanced technological skills to improve their market standing. Officials reported that these efforts have resulted in an annual economic impact of approximately 1.357 billion baht, contributing to business expansion and the creation of new employment opportunities across the country.
For residents and those involved in the Thai business sector, this development highlights a growing emphasis on integrating frontier technology into local enterprises, potentially signaling a more robust and innovation-driven regional economy. While the ministry has highlighted these quantitative successes, further details regarding the specific long-term sustainability of these newly created jobs and the exact distribution of these economic gains across different provinces remain to be confirmed. The project continues to serve as a mechanism for bridging the gap between academic research and practical commercial application.