Thailand’s largest telecommunication service provider CAT Telecom showcases its readiness in national infrastructure development to embrace the government’s digital economic framework in “The Greater Mekong Investment Forum” hosted by Euromoney Conferences on 26 May 2016 at Centara Grand at CentralWorld, Bangkok. The conference is aimed to be the meeting point for exchanging opinions and perspectives concerning financial and investment issues among the countries in the Greater Mekong Sub-region (GMS).

      At the discussion panel “Achieving a Digital Economy in the GMS”, Dr. Dhanant Subhadrabandhu, Executive Vice-President, Product Development, CAT Telecom, revealed about the progress of national infrastructure development “The government is now pushing forward the digital economic framework, which covers the prompt support for startup businesses to welcome more opportunities from foreign investors. Especially, FinTech startup that employs information technology in driving growth is now capturing the government’s attention. Plus, digital society scheme that is now in progress will give rise to such digital financial services as e-payment and e-tax as well as big project like ‘Smart City’, which will be piloting in Phuket and Chiang Mai accordingly. In supporting the government’s plans and framework, CAT has been developing hard infrastructure together with soft infrastructure that concerns laws and regulations regarding to digital economy.

      And to be equivalent and competitive with leading providers in the region like Singapore and Malaysia, CAT has increased more bandwidth on their submarine cable systems connecting to every continents for reducing broadband internet total costs, encouraging more investment from both domestic and foreign investors. And this will consequently facilitate startup businesses in Thailand within a two-year timeline of procedure.

      The Greater Mekong Investment Forum on 26 May 2016 at Centara Grand at CentralWorld, Bangkok, is the 5th annual event, successfully hosted by Euromoney Conferences. There are over 700 delegates from 19 countries attending the conferences to share their continued interests and optimism towards investment in countries in the Greater Mekong Sub-region namely Cambodia, China, Laos, Myanmar, Thailand and Vietnam. As a co-sponsor, CAT has shown the readiness in providing one-stop IT and telecommunication services to build confidence for consumers and international investors.