Thailand 4.0: SMEs in the Context of Thailand 4.0

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1 2016/SMEMM/010 Agenda Item: Thailand 4.0: SMEs in the Context of Thailand 4.0 Purpose: Information Submitted by: Thailand 23 rd Small and Medium Enterprises Ministerial Meeting Lima, Peru 9 September 2016

2 SMEs in the Context of Thailand 4.0 Dr. Atchaka Sibunruang Minister of Industry The 23 rd APEC Ministerial Meeting, Lima, Peru

3 Thai SMEs: Obstacles & Challenges Technology & Innovation Creativity & Knowledge Innovation Driven SME 4.0 Initiate creative & innovative business Apply technology usage Differentiate & value added Knowledge management Business plan & management system Apply technology & ICT usage Continuous business development SME 1.0, SME 2.0, SME 3.0 Present Efficiency Driven Commercialized Agriculture Apply technology, R&D usage Respond to world market demand Compete internationally Understand nature of international business Market Opportunity 2

4 Thailand 4.0 : New Growth Industries Movie Industry Smart Tourism Life Style Biz Design Tech Smart Food Factory Functional Food Smart Farm Culture Tech FinTech E-service E-commerce Food Tech Thailand4.0 driven by Industry 4.0 Digital Tech Education Technology Health Tech Auto Tech Digital Dentistry Medical Device Silver Economy Telemedicine Smart Health Robotic Smart Logistic Smart Devices Smart Energy Smart Building Smart Car

5 SME 4.0 Policy ----> Thailand 4.0 To Increase SME GDP to 50% of national GDP by 2021 Smart Farmers/ Active Clusters Global SMEs THAILAND 4.0 Smart SMEs High Value Startup SME 4.0 Marketable is the key 4

6 Project plan for boosting SME 4.0 Financial Access Provide Seed Fund Promote Venture Capital Connect with Angel Investors Promote Crowdfunding Develop & upgrade incubation centers Provide Co-Working Space Establish Design & Creative Center Infrastructu re High Value Startup Startup Accelerator Incubating /in-depth training Support Startup Accelerator Target industries: Agri Tech & Food Tech, Health Tech, Service Tech

7 High value startup Thailand Creative Design Center Co-working space Thailand Thailand Startup week 2016

8 Project plan for boosting SME 4.0 Improve role of credit insurance (Direct Investment) Provide soft Loan for target SMEs Promote SME Credit Scoring Subsidize expenses for potential SMEs to access new markets Financial Literacy SME One-Stop Service (OSS) SME Registration & Tracking System Target industries: Entrepreneu rship Financial Access Smart SMEs Infrastructure Marketing Innovation & Productivity Promote public procurement (SME Catalogue) Promote usage of E-Commerce Encourage SMEs to standardize their products Digitize SMEs Productivity Improvement Technology & Innovation Matching Industry - Academic Linkage Agri & Food, Health & Wellness, Smart Devices, Creative & Cultural +High Value Services Digital / Internet of Things (IoT)

9 Project plan for boosting SME 4.0 Financial Access Financial products Village/community fund Income-expense account Promote cluster Cluster Smart Farmers/ Active Cluster Marketing Pracharat stores (gov. store) Distribution Centers E-Commerce usage Business knowledge Product development / Packaging Standardization Upgrade co-operative Social Enterprise Business Model Professionalism Technology Apply technology usage / Frugal Innovation ICT usage Target industries: Agri & Food, Co-Operative, Community enterprises

10 Smart Farmer Project Data access for utilization Knowledge base Planning & feasibility study Management (production & market) Food safety National Surveillance Green economy Green city (low carbon) Proud to be farmer

11 Project plan for boosting SME 4.0 International ization Market Intelligence Business Matching / Trade Mission E-Commerce for foreign markets International Market Expansion Grant Improve laboratory services Provide consulting services Subsidize lab/standardize expenses Standardization Global SMEs Linkage btw SMEs - Les LEs Supply Chains Product development Outward Investment Establish foreign investment information center for SMEs Provide incentives/ benefits Target industries: Agri & Food, Health & Wellness, Smart Devices, Creative & Cultural +High Value Services Digital / Internet of Things (IoT)

12 Pra-cha-rat (PPP) Scheme

13 Special Economic Zones

14 SME 4.0 for Thai Stability, Prosperity, and Sustainability SMEs play a significant role as the engine of the country s economic growth By 2021, value of SME GDP will accountable for 50% of total GDP 13

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