According to the plan, the park will be located at CAT’s 600-rai (96 hectares) plot in Sri Racha, Chon Buri province . Currently, CAT’s satellite earth station, submarine-cable landing station and data centre are located at the area.

Yesterday CAT Telecom and the IEAT signed a memorandum of understanding to co-study the project for one year. The study will cover the park’s design, planning and construction.

The park will be a centre of IT including for data, cloud computing and the Internet of things. After finishing the study, CAT plans to seek strategic investment partners.

Veerapong Chaiperm, governor of IEAT, said that the park would be located in the eastern economic corridor that the government aimed to promote to serve 10 industrial clusters including automatives, petrochemical and medical to woo more foreign companies.

Surapant Meknavin, acting CAT president, said that the project would support the government’s Thailand 4.0 policy for start-ups.

Thailand 4.0 relates to new-generation industries that rely on innovation. It is believed such industries will help drive the economy and help the country escape the middle-income trap

Surapant said that CAT planned to install 100 billion bits per second of international circuits at the park to link with other Asean countries to serve more demand for data services.