Thailand’s government aims for economic growth by 2025, focusing on future industries, AI, electric vehicles, and tourism, with public investments exceeding 700 billion baht to enhance competitiveness and job creation.
Thailand’s Vision for 2025
The Thai government has unveiled an ambitious vision aimed at economic growth and boosting foreign investment by 2025. This strategic initiative targets five key sectors: future industries, AI data centers, electric vehicles, precision agriculture, and food technology. With public investments projected to exceed 700 billion baht, major projects include the establishment of two ultra-modern AI data centers and enhancements in the semiconductor supply chain.
Focus on Tourism and Sustainable Development
Tourism plays a pivotal role in Thailand’s recovery strategy. The Tourism Authority aims for a 7.5% revenue increase by promoting unique cultural experiences through campaigns like “Charming Thailand.” Emphasizing sustainable tourism, the government seeks to solidify Thailand’s leadership in responsible travel while engaging with 23 global markets and celebrating Thai-Chinese relations.
Innovation and Green Technology Initiatives
Thailand’s focus extends to green technology and renewable energy, with substantial funding for solar and wind projects. Innovations will be fostered through partnerships with global tech firms to position the country as a regional hub for advanced industries. Complementing these efforts are workforce development programs aimed at equipping local talent with necessary skills in AI, robotics, and advanced manufacturing, ensuring sustainable economic growth.
Source : Thailand Reveals Plan for Economic and Investment Expansion
