Wangchan Valley and its privileges to attract investment from all over the world

           “Wangchan Valley” is considered an area of investment opportunities for both domestic and international organizations including startups, thanks to its infrastructure facilitating the development and growth of technology businesses. There are also two groups of services for entrepreneurs and investors who want to run their businesses in this area.

Facilities

1. Rental space in the Innovation Zone to support the establishment of offices in innovation research development, innovation centers, and research and development centers. It is also a source of highly talented researchers from the National Science and Technology Development Agency (NSTDA), Vidyasirimedhi Institute of Science, and other partners;

2.  Smart Infrastructure Solutions such as renewable energy services, electrical system services, energy services, and wastewater management systems from WHA Utilities and Power Public Company Limited (WHAUP);

3.  Facilities to support personnel and families, entrepreneurs, surrounding communities, and the general public, such as department stores, exhibition centers, hotels, international schools, and more.

Innovation Services for the use of entrepreneurs and investors in technology development

1. The innovation business coordination service in the project’s Innovation Ecosystem for sharing research and development information to enable further development;

2. The partners in innovative research and development infrastructure services of Wangchan Valley are well equipped with personnel, tools, advanced technology equipment, pilot plants, laboratories, training centers, and exhibition centers;

3. Technology innovation development services in automation robotics and intelligence systems;

4. Personnel development services from the Vidyasirimedhi Institute, which produces master’s degree graduates, doctoral graduates, and specialists in advanced science and technology for the research and innovation development;

5. The first UAV Regulatory Sandbox of Thailand;

6. Telecommunication infrastructure services, such as a comprehensive 5G signal, supporting the development of innovations that require 5G signals;

7. Testing area for autonomous vehicles, which will be open for service soon.

          All of these services make Wangchan Valley a space for full-scale technological development.

In addition, entrepreneurs or investors who invest in Wangchan Valley will receive many business benefits, such as the following:

-  Exemption from corporate income tax for up to 13 years;

-  Exemption from import duty on machinery and raw materials;

-  17% personal income tax, the lowest rate in Asia;

-  Smart Visa for personnel and families;

-  The relaxation and merging of requirements or rules, in order to facilitate technology development.