SIA APR-MAY 2019

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FEATURE

THAILAND: Industry Brimming with Confidence

by Thomas Richard Prakasam

About Thailand Population: About 68 million

I recall a few years back there was a sense of despair amongst the AV players in Thailand mainly due to the political situation at that time. Many were just biding time and hoping for a better future. My visit this time around saw a 360-degree change of attitude from the industry – there is indeed a strong positive vibe. My first meet up was with Fuzion Far East Limited. Tony Oates, Siri Wongkamolchun and Pok Sutat are excited about the prospect of immersive technologies in Thailand. “Immersive sound creates a different level of experience for customers,” highlighted Tony. The company was involved in the Genelec S360 regional launch in Bangkok in March and feels that with Dolby Atmos and Auro 3D, there will be strong demand in the post-production, gaming, movie studios and live environment for their solutions.

GDP: In 2017, Thailand’s gross domestic product amounted to around 455.38 billion U.S. dollars. GDP is projected to reach 617.9 billion U.S. dollars in 2022 Economic sectors: The share of economic sectors in the gross domestic product (GDP). In 2017, industry contributed approximately 35.03, and the services sector added about 56.31 per cent. Above information gleaned from https://www.statista.com/topics/4194/thailand/ Tourism: The Ministry of Tourism and Sports announced that Thailand received 34,431,489 international visitors for the January-November 2018 period. (Source: TAT). Thailand has consistently been amongst the top performing countries for tourist arrivals. SEA and Thailand: Driven by pro-growth policies and presence of dynamic companies, members of the Association of Southeast Asian Nations (ASEAN) are among the world’s best performing emerging economies, said a report released by the McKinsey Global Institute (MGI) on September 14 2018). Thailand currently occupies the second spot concerning GDP within ASEAN.

In showing their commitment, Fuzion created its own mini immersive demonstration space within its premises for clients to experience what value-add an immersive environment brings. © Systems Integration Asia | VOL. 18 ISSUE - 4~ Apr 2019- May 2019

Fuzion also highlighted about the Eastern Economic Corridor project. On February 1, 2018, the Thai parliament approved the law for trade and investment in the Eastern Economic Corridor (EEC). With the


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