TRUE DIGITAL PARK AND UOB (THAI) TO SUPPORT STARTUPS AND SMES GROW THEIR NETWORK IN THAILAND

Monday 03 September 2018 16:27
BangTrue Digital Park collaborates with United Overseas Bank (Thai) (UOB (Thai)) to uphold startups and small and medium-sized enterprises (SMEs) set up and expand their network in Thailand more easily. Located on Sukhumvit 101, True Digital Park will be Thailand's first and largest digital innovation hub and a global startup destination that completely fulfills digital lifestyle under one roof.

UOB's startup and SME customers will be able to commence operations more cost-effectively at True Digital Park. Setting up operations at True Digital Park enables these businesses to have more flexibility in determining the duration of the lease according to their needs. There is also no need to incur the upfront costs of renovation, the purchase of office furniture or to manage tasks such as setting up their utility or internet services.

In addition, businesses at True Digital Park will be part of a community that comprises both UOB and True Digital Park's ecosystem partners, including international technology giant companies, industry experts, incubators and accelerators, and state agencies' one stop services. This makes it easier for them to gain an understanding of local market norms, to exchange ideas and to tap technological innovations as they grow their business. They will be able to stay updated on the latest innovations being created within the community and to connect with other industry players for potential collaboration in product development and market expansion.

Mr. James Rama Phataminviphas, Country Head of Channels and Digitalisation, UOB (Thai), said "At UOB (Thai), we recognise that SMEs form the backbone of a country's economy and that emerging enterprises are essential to the vibrancy of its industry. We understand the ambitions and challenges of these companies as they grow their business. By partnering True Digital Park, we can encourage these companies set up their operations in Thailand in a fast and flexible way. We will also offer them easy access to our comprehensive suite of financial solutions to help them advance in their business ambitions."

Mr. Thanasorn Jaidee, President of True Digital Park, said, "True Digital Park aims to be the largest digital innovation hub in Southeast Asia and a global startup destination that combine space for work and daily life within one integrated community. The collaboration with UOB (Thai) will engage UOB's startup and SME customers from Southeast Asia and worldwide in our complete startup ecosystem. Not only do we provide spaces under the concept of "Digital Lifestyle – Connecting Possibilities", but we also offer a complete startup ecosystem with an "Open Innovation" concept that creates a culture of collaboration and a platform for knowledge sharing."

For more information, please contact (media enquiries only):

Ref: (239) 03/09/2018

Corporate Communications & Marketing PR – True Group

Email: [email protected]

FB: @prtruegroup

Mr. Thanasorn Jaidee, President, True Digital Park (right), and Mr. James Rama Phataminviphas, Executive Director and Country Head of Channels and Digitalisation, UOB (Thai) (left), collaborating to support startups and SMEs grow their network in Thailand