On January 29th, TusStar and Thailand Digital Economy Promotion Agency (DEPA) officially signed a memorandum of understanding in Bangkok, Thailand, to promote the development of TusStar Thailand and to further promote the development of China and Thailand in the field of science and technology.
Zhang Jinsheng, VP of TUS Holdings, Chairman of TusStar, and Dr. Nuttapon Nimmanphatchairin, Chairman and CEO of DEPA, signed the MoU. The Minister of Digital Economy and Social Affairs of Thailand, Dr. Pichet Durongkaveroj, witnessed the signing. Mr.Chatchai Khunpitiluck, Senior Executive VP and COO of DEPA, Dr. Chinawut Chinaprayoon, VP of DEPA, Dr. Suii Jianfeng, General Manager of TusStar Thailand, and Huang Zihua, General Manager of TusStar Hong Kong, and more than 50 companies from China, Thailand and Malaysia witnessed this ceremony together. The signing ceremony is a milestone of the implementation of the cooperation content after TUS Holdings and DEPA unveiled Thailand's first cross-border incubator, TusStar Thailand last September. Under the framework of this MoU, the two sides will gradually optimize the cooperation rules for the joint establishment of an innovation incubation center. Dr. Pichet Durongkaveroj, Minister of Digital Economy and Social Affairs of Thailand, gave a speech to welcome the arrival of TusStar and China's start-ups, congratulating TusStar and DEPA on achieving strategic cooperation in the field of digital innovation incubation, and achieving substantial progress for the exchange of science and technology between China and Thailand. DEPA Chairman Dr. Nuttapon introduced the content of the memorandum and said that it will promote the Science and Technology Incubation Center together with TUS and promote the economic exchange and development between China and Thailand with the science and technology as the carrier. Finally, he announced that TusStar Thailand is expected to open in April this year, and looking forward to and welcome start-ups to Thailand.