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2016/SMEMM/010 Agenda Item: 3.1.2

Thailand 4.0: SMEs in the Context of Thailand 4.0

Purpose: Information Submitted by: Thailand

23rd Small and Medium Enterprises Ministerial Meeting

Lima, Peru9 September 2016

Dr. Atchaka Sibunruang

Minister of Industry

The 23rd APEC Ministerial Meeting, Lima, Peru

SMEs in the Context of Thailand 4.0

Thai SMEs: Obstacles & Challenges

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Technology & InnovationCreativity & Knowledge ‣ Initiate creative & innovative business

‣ Apply technology usage ‣ Differentiate & value added

‣ Knowledge management‣ Business plan & management system‣ Apply technology & ICT usage‣ Continuous business development

‣ Commercialized Agriculture‣ Apply technology, R&D usage

‣ Respond to world market demand‣ Compete internationally‣ Understand nature of international

businessEfficiencyDriven

InnovationDriven

SME 1.0, SME 2.0, SME 3.0Present

SME 4.0

Market Opportunity

Thailand 4.0 : New Growth Industries

Thailand4.0

driven by

Industry 4.0

Food

Tech

Health

Tech

Auto

Tech

Digital

Tech

Culture

Tech

Smart Food Factory

Smart Farm

Functional Food

Smart Health

Telemedicine

Medical Device

Digital Dentistry

Silver Economy

Smart Logistic

Smart Devices

Smart Energy

Smart BuildingSmart Car

Robotic

FinTech

E-commerce

E-service

Education Technology

Design Tech

Smart Tourism

Life Style Biz

Movie Industry

----> Thailand 4.0

THAILAND 4.0 SME 4.0

4

Marketable is the key

To Increase SME GDP to 50% of national GDP by 2021

SME 4.0 Policy

High Value

Startup

Smart

SMEs

Smart

Farmers/

Active

Clusters

Global SMEs

High Value

Startup

Financial

Access

Startup Accelerator

Infrastructu

re

Project plan for boosting SME 4.0

‣ Provide Seed Fund

‣ Promote Venture Capital

‣ Connect with Angel Investors

‣ Promote Crowdfunding

‣ Develop & upgrade incubation centers

‣ Provide Co-Working Space

‣ Establish Design &

‣ Creative Center

Target industries: Agri Tech & Food Tech, Health Tech, Service Tech

‣ Incubating /in-depth training

‣ Support Startup Accelerator

High value startup

‣Thailand Creative Design Center

‣Co-working space Thailand

‣Thailand Startup week 2016

Smart

SMEs

Financial

Access

Marketing

Innovation

&

Productivity

Infrastructure

Entrepreneu

rship

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 ‣ 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

‣ SME One-Stop Service (OSS)

‣ SME Registration

‣ & Tracking System

Target industries:

Agri & Food, Health & Wellness, Smart Devices, Creative & Cultural +High Value Services Digital / Internet of Things (IoT)

Smart

Farmers/

Active

Cluster

Financial

Access

Marketing

TechnologyProfessionalism

Cluster

Project plan for boosting SME 4.0

Target industries:

Agri & Food, Co-Operative, Community enterprises

‣ Financial products

‣ Village/community fund

‣ Income-expense account

‣ “Pracharat” stores

(gov. store)

‣ Distribution Centers

‣ E-Commerce usage

‣ Apply technology usage /

Frugal Innovation

‣ ICT usage

‣ Business knowledge

‣ Product development / Packaging

‣ Standardization

‣ Upgrade co-operative

‣ Social Enterprise Business Model

‣ Promote cluster

Smart Farmer Project

‣Data access for utilization

‣Knowledge base

‣Planning & feasibility study

‣Management (production & market)

‣Food safety

‣Green economy

‣Proud to be farmer

• National Surveillance

• Green city (low carbon)

Global

SMEs

International

ization

Linkage btw

SMEs - Les

Outward

Investment

Standardization

Project plan for boosting SME 4.0

‣Market Intelligence

‣ Business Matching / Trade Mission

‣ E-Commerce for foreign markets

‣ International Market Expansion Grant

‣ LEs Supply Chains

‣ Product development

‣ Establish foreign investment information center for SMEs

‣ Provide incentives/ benefits

‣ Improve laboratory services

‣ Provide consulting services

‣ Subsidize lab/standardize expenses

Target industries:

Agri & Food, Health & Wellness, Smart Devices, Creative & Cultural +High Value Services Digital / Internet of Things (IoT)

Pra-cha-rat (PPP)

Scheme

Special Economic Zones

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

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