NXPO President Dr. Kitipong Promwong in his capacity as Assistant Secretary of the National Higher Education, Science, Research and Innovation Policy Council (Policy Council) revealed that the cabinet on 11 January 2022 approved the proposal to establish the Higher Education Fund. The fund will be instrumental in driving manpower development and academic excellence for Thailand. 

The Higher Education Fund was initiated by NXPO and the Office of Permanent Secretary for Higher Education, Science, Research and Innovation and endorsed by the Policy Council on 4 February 2021. The fund will facilitate the reinvention of higher education that will not only strengthen manpower and workforce development responsive to the needs of the national development, but also support lifelong learning, make higher education more accessible, enhance instructors’ capacity and promote domestic and international collaboration among universities and between university and industry.