Governance & Economic


WHA Group's WHA ID together with Tus-Holdings Co., Ltd. (TUS), a leading Chinese Science and Technology service group, have established of a joint-venture company to establish Thailand's first TusPark; it is an Innovation and Incubation Center in downtown Bangkok. The aim of this project is to incubate startups and promote cooperation in Science and Technology between China, Thailand and other ASEAN countries. TusPark WHA Incubation Center offers more than 230 working desks to nurture over 80 startups. In additions to functional workplace and high-quality facilities, the center also provides tenants with Incubation Services which include entrepreneurship salon, venture tours, project optimizing, online training etc. Soft-landing Services will also be provided and include company registration, legal, financial, taxation advice and intellectual property services.

In addition, TusPark WHA's facilities, of more than 400 sq.m, can accommodate exhibitions, seminars, town hall, product launching, and business matching events. As a results, TusPark WHA Incubation Center will create an innovation ecosystem, in partnership with Chinese's government authorities, universities and research institutes as well as Thailand's leading industrial developer, to enable the development of Thai startups and to create a bridge for Thai entrepreneurs to access China's technology, talent, investors and markets - particularly China and its 1.4 billion population.

Moreover, in 2021, Tuspark WHA has signed a Memorandum of Understanding (MoU) with two academic institutes, National Institute of Development Administration (NIDA) and Chulalongkorn School of Integrated Innovation (SCLL), aiming to promote academic development from research and development collaborations, networking and knowledge exchange, and to promote cooperation among students, startups and businesses, as well as to enhance collaborations with different fields (e.g. Science and Technology).

Through the partnership with NIDA, TusPark WHA will also offer innovative working stations in its Incubation Center for NIDA students assigned to special projects or new businesses incubated by NIDA. Significantly, through the program, the students will be able to benefit from an extensive professional network, which is vital for career advancement and business growth in the long run.

Through partnership with SCLL, Tuspark WHA seeks to create an innovation ecosystem that will promote the exchange of knowledge and information, and aims to promote joint research projects and joint development of entrepreneurial ventures. This includes New Technologies (e.g. artificial intelligence, robotics or others); Advanced Manufacturing and Industrial Practices (e.g. technologies and innovations that can transform, digitalize, and optimize manufacturing operations); Human Resources Development (e.g. studies and projects involving training and development), and various topics such as entrepreneurship, management or others. Both parties will also explore the possibility of collaborating and funding of potential innovative business ventures incubated by SCLL and/or TusPark WHA. Similarly, TusPark WHA will also offer working spaces in its Incubation Center for SCLL students assigned to special projects or business ventures incubated by SCLL. As such, the students or business ventures will be able to benefit from the various valueadded incubation services, soft landing services or other acceleration programs TusPark WHA is offering to its tenants.