Thailand outlines economic strategy for next five years

Thai Prime Minister Prayut Chan-o-cha.

BANGKOK (The Nation/ANN): The strategy for national development under the BCG Model – bio-economy, circular economy and Green economy – was approved by the BCG committee on Wednesday (Jan 13).

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. - The Nation/Asia News Network

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