Thailand is enhancing digital policies for economic growth and cybersecurity, targeting 30% GDP from digital sources by 2030, while attracting tech investments amid U.S.-China tensions and leveraging AI for agriculture.
Thailand’s Digital Economy Goals
Thailand is actively refining its digital policies to fortify its economy and cybersecurity in response to the ongoing U.S.-China rivalry. The government aims for its digital economy to contribute 30% of the GDP by 2030, while concurrently enhancing its cybersecurity infrastructure. Prime Minister Paetongtarn Shinawatra stressed the necessity of adapting to these global challenges to promote sustainable economic growth.
Innovation in Agriculture and Trade Dynamics
To boost productivity, Prime Minister Shinawatra intends to utilize artificial intelligence in agriculture and expand exports, particularly to China. This strategic approach not only leverages technological innovation but also aims to reinforce Thailand’s role in regional trade dynamics, as the nation seeks to enhance its competitive edge in the market.
Attracting Tech Investments
Thailand’s potential for growth is underscored by optimistic forecasts from Commerce Minister Pichai Naripthaphan, who sees opportunities arising from companies diversifying investments due to the U.S.-China trade tensions. Major tech firms like Microsoft, Google, and Amazon are significantly investing in Thailand, reflecting the country’s importance as a regional hub for digital transformation and a young, tech-savvy population.
Source : Thailand Accelerates Digital Transformation Amid Anticipated US-China Trade Tensions
