Monday, January 18, 2021

BCG economic strategy to drive Thailand for next 5 years: Prayut

Jan 14. 2021
Prime Minister Prayut Chan-o-cha
Prime Minister Prayut Chan-o-cha
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By The Nation

The strategy for national development under the BCG Model – bio-economy, circular economy and Green economy – was approved by the BCG committee on Wednesday.

The five-year strategy will begin this year.

Prime Minister Prayut Chan-o-cha, who chaired the committee meeting, said the BCG Model will be included in the national development agenda.

The model seeks to capitalise on Thailand's abundant agricultural products and vast farming zones. It covers the farm, food, health, medical, energy, biochemical and tourism sectors, which account for half of the country's total employment.

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