As the digital economy and tech-driven capitalism continues to rise, PTT, a Thai state-owned SET-listed oil and gas company, has plans to join hands with a leading tech-platform in Silicon Valley to drive the Thai economy.
With the intention to transform Thailand through digital transformation, the company announced its collaboration with an innovation platform company based in Silicon Valley.
The collaboration will groom Thai and international investment start-ups with three major fintech platforms in their portfolio to aimed at raising national competitiveness under the Powering Thailand’s Transformation initiative.
The public company hopes to create an international Innovation Ecosystem with the Partnership and Platform strategy to become more than just a manufacturer and distributor. To this end, it hopes to attract potential partners such as large firms and tech start-ups globally, through the innovation platform company, as an accelerator platform to drive its business.
The PTT Senior Executive Vice President, Innovation and Digital, stated that the collaboration is a good opportunity for us to make the most of our potential to be creative and innovative, and then achieve concrete outcomes.