Thailand adopts key strategies to drive economy
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Thailand has adopted four key strategies to drive the economy and foster its competitiveness in the global landscape, Deputy Prime Minister MR Pridiyathorn Devakula said in his keynote speech at the Thai-Chinese Exim Association on Thursday.
The first strategy is promoting investment in high-tech industries and products, ranging from bio plastic to medical equipment, he explained. The Board of Investment announced a list of tax privileges this kind of investment would entail since January.
The second policy is tapping natural resources such as potash and steel to establish new industries such as fertiliser and upstream steel industries.
The other two policies are establishing transport and logistical connectivity with neighbours and developing special economic zones in border areas.
