Thailand’s Prime Minister Outlines Three Strategic Routes for Economic Growth.

Bangkok: The Prime Minister of Thailand, Ms. Paethongtarn Shinawatra, has outlined three strategic routes to enhance the nation’s economic growth and create opportunities. Speaking at the PRACHACHAT THAILAND 2025 seminar held at the Queen Sirikit National Convention Center, the Prime Minister emphasized the urgent need for economic stimulus, focusing on food, health, and new industries as key areas to attract Thai soft power and generate income for the country. She confirmed the government’s commitment to complete its term and announced plans to present a comprehensive report on the government’s 90-day performance on December 12, which will include a new economic policy and a New Year’s gift package.

According to Thai News Agency, the seminar, themed “Opportunity, Hope, Reality,” saw the Prime Minister preside over the event, delivering a special lecture titled “Thailand: Opportunity-Hope-Reality.” The seminar was also attended by Deputy Minister of Transport Ms. Manoporn Charoensri and Mr. Songkram Kitlertp
airoj, Advisor to the Prime Minister. Before the event, the Prime Minister visited the Matichon book booth, purchasing several books, including ‘The Battlefield of World Power’ and ‘Thailand within the World Order,’ highlighting her engagement with global political dynamics and Thailand’s positioning in a multi-polar world.

In her address, Ms. Paethongtarn highlighted the government’s efforts to create tangible opportunities for the Thai people, emphasizing the importance of distributing opportunities to unlock the nation’s potential. She acknowledged the longstanding problems facing the country, advocating for a multifaceted approach to economic development that prioritizes reducing inequality by ensuring basic needs, such as food security, are met.

The Prime Minister noted the country’s economic recovery, with GDP growth projected at 2.7% for the year, surpassing expectations with a 3% growth rate reported by the National Economic and Social Development Board. She attributed this growth to government and
public sector investments and a rebound in tourism, projecting a return to approximately 36 million tourists this year, close to pre-pandemic levels. The government is focused on promoting Thailand as a festival destination and enhancing infrastructure, such as developing smart airports, to facilitate tourism.

Looking ahead, the Prime Minister expressed optimism about continued economic growth in the coming year, citing increased foreign interest in investing in Thailand due to political stability. She reassured investors of the government’s commitment to maintaining consistent investment policies, highlighting recent investments by major companies like Google as a testament to Thailand’s investment potential.

The Prime Minister also underscored the importance of effectively utilizing the 960 billion baht investment budget, including state enterprise investments, to maximize tax efficiency. Addressing energy concerns, she noted ongoing discussions with Cambodia about sharing natural gas resources and emphas
ized the government’s focus on clean and alternative energy, including solar energy and the semiconductor industry.

In conclusion, the Prime Minister reiterated the government’s commitment to finding new opportunities and creating jobs within Thailand, promising to announce the government’s achievements and future plans on December 12, including policies aimed at further growth and development.