R&D spend growing in ‘leaps and bounds’

The country’s research and development (R&D) investments are expected to amount to 200 billion baht this year, up 32% from last year, according to Office of the National Science Technology and Innovation Policy Office.

The investments accounting for 1.2% of GDP are largely made on R&D in the automotive, food and technology sectors, said Kitipong Promwong, the office director.

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Thodsapol Hongtong