Thailand’s Startup Landscape and the Role of True Digital Park, Papat Jinaphun, #FOSSASIA 2026

Duration: 3:23 542 transcript words EN summary

Video summary

True Digital Park has established itself as the largest startup and innovation hub in Southeast Asia since opening its doors in 2018, aiming to address a significant gap where Thailand's vibrant economy did not match its underdeveloped startup scene compared to neighboring nations. As a mixed-use building designed specifically for this purpose, the park was founded with the singular goal of uniting all key players within the ecosystem under one roof. Over the years since its inception, it has successfully cultivated a vast network comprising approximately 6,000 partners spanning diverse sectors such as startups, venture capital firms, government agencies, and various incubator or accelerator programs to foster comprehensive growth. The park supports this thriving environment through two primary layers of assistance: providing essential physical infrastructure and cultivating a strong sense of community. Physically, the facility offers fully furnished co-working spaces that eliminate the high costs associated with scaling up or moving offices for growing companies, alongside dedicated venues and experience centers designed to showcase technology and facilitate connections between startups and major corporations. Beyond mere space, True Digital Park actively builds bridges among different groups by hosting events and programs either independently under its own brand like Nomadness for expats or in collaboration with partners to ensure diverse communities can interact effectively within the Thai business landscape. To further ease the complexities of doing business in Thailand, particularly for international individuals and companies, the park provides a comprehensive suite of support services including visa assistance, company registration, legal advice, accounting, and taxation guidance. Although not every service is handled directly by internal staff, True Digital Park leverages its extensive network of over 6,000 partners to connect visitors with the right resources and experts whenever needed. This approach ensures that entrepreneurs can navigate local regulations and operational challenges without difficulty, effectively acting as a one-stop solution designed to simplify life for everyone involved in the ecosystem while encouraging open dialogue at their on-site booths during events like FOSSASIA 2026.

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So, True Space Park were actually the largest startup and innovation hub here in Southeast Asia at the moment. And we have been opening our doors since 2018 to help supporting startup ecosystem here in in in Thailand. We're the mixed-use building. And the reason why we started True Space Park back was because back at the time Thai startup ecosystem is quite underrepresented if we compare to our neighboring countries. Even though our GDP is not so bad, but our startup scene was quite not where we were expecting it to be. So, that's why we decided to open True Space Park in 2018. And ever since we opened from day one, our goal is to help support startup by bringing together all the key players in the startup ecosystem together under one roof. And since 2018 up until now, we have around 6,000 partners across different sectors, across different categories, everything from startups, venture capital, government agencies, and government organization, and also institution, incubator, or accelerator program. And you may be wondering that why like how exactly do we help support startup ecosystem here in Thailand. Is we actually do it through two different layers. The first one is by providing the fundamental element, which is the physical space. We have everything here from co-working space, fully furnished so that for startup, they don't have to worry about sinking cost of like scaling up and down, like moving the office. They can just move in. And we also have even space such as this venue to help supporting startup. And we also have experience centers to showcase technology, latest innovation, and also to act as a a touch point for companies to talk to big corporations here in in Thailand as well. And the second layer is that we do is by providing a sense of community here in True Space Park. We try to bring together all these different people from different community together through our events and our programs that we Some of them we host by ourselves as True Space Park or under Nomad Nomadness for expat community here. And some we do it with our partners. Mostly we do it with our partners actually to bring different community together. And on top of that, we also have other support services like visas, company registration, legal, accounting, or taxation to help supporting these international individual and companies because we know and we understand that it can be quite difficult to do business here in Thailand. That's why we want to make it easier. We want to be a one-stop service to make life easier, to make things easier. Even if we don't do everything ourselves in-house, but we have over 6,000 partners that we can connect people to talk with them or to point them in into the right direction and with the right people. And today we also have our team setting up the booth outside. So if anyone has a questions, want to just ask us anything, need any assistance or help, or just want to drop by to say hi, we're just outside and we're looking forward to meet everyone and connect with everyone today. Thank you and enjoy your your break. Thank you.