Competitiveness needs speedy upgrade in every aspect, Prayut says

FRIDAY, FEBRUARY 20, 2015
Competitiveness needs speedy upgrade in every aspect, Prayut says

The country needs to become more competitive faster in every area, from product development to trade and exports to innovation, according to Prime Minister Prayut Chan-o-cha.

Speaking on his weekly TV programme Friday, he said that at present Thailand was a middle-income nation, meaning it didn’t get the full range of privileges from the global economy.

“Our goods now have difficulty competing. Therefore, we need to quicken the pace of competitiveness in all dimensions, namely products, trade, innovation, adding value, and the conversion of raw materials into higher-valued items before export,” he said.

The Nation