The House Panel on Communications, Telecommunications, and Digital Economy and Society (DES House Panel) will seek expert assistance with plans to develop a space economy policy.
Bhumjaithai Party MP Col Settapong Malisuwan, as vice chairman of the panel, said chosen digital business entrepreneurs will assist in assessing the potential for satellite-related commercial activities and other possible space missions.
They will also contribute to the formulation of the country’s first regulatory framework for commercial projects involving space travel and related industries, said Col Settapong. This sub-panel is to report the results of its study to the DES House Panel in 90 days.
Lt Jessada Siwarak, in charge of overseeing the development of the policy, emphasised the need for the country to capitalise on what is expected to be a highly profitable new sector.
“Thailand is advantageous for space technology due to its perfect weather for spacecraft launching and launch site construction. The new panel is aiming to conduct thoughtful studies on the technological and development aspect in Thailand,” Lt Jessada said.