Thailand  

Quick Facts

Population 69 million (2016)
GDP at PPP (current international dollars) 1.2 trillion (2016)
GDP per capita at PPP (current international dollars) 16,946 (2016)

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With well-developed agro-industries and a highly competitive agriculture export program, Thailand has been a powerful promoter of subregional agricultural trade. Thailand has developed world renowned agriculture products, including Jasmine rice, and has established the capacity to use agriculture to decrease rural poverty and drive economic growth. The country is working to increase private sector participation in agriculture, and is cooperating with GMS partners in defending against cross-border disease, and building climate resilience.

Thailand is working with its GMS partners to mitigate global warming and lower carbon emissions throughout the subregion. This includes sharing information and working together on developing renewable energy, clean fuels, energy efficiency and conservation. Thailand has a policy of working with its GMS partners to develop local energy sources, such as biomass, solar, and wind energy that reduce the dependence on fossil fuels.

With abundant water, forest, fish, and wildlife resources, Thailand is improving water security, decreasing forest cover loss, and managing solid and hazardous waste within its borders and throughout the subregion. Thailand has decentralized management of the environment to local communities, and has partnered with the private sector to enhance and protect the environment. Thailand is home to the GMS Environmental Operations Center, which coordinates environmental initiatives for the subregion.

Thailand works with its GMS partners to maintain a wide range of human resource development activities. These include skills development and the mutual recognition of vocation skills. The country is also combating human trafficking, and has worked to decrease the cross-border transmission of disease.

As an active partner in subregional telecommunications programs, Thailand is developing cross-border connections under the GMS Information Superhighway Network. Thailand is also working with its GMS partners to develop information and communication technology for rural applications.

Thailand is one of the world’s top tourist destinations, and is seen as a gateway for promoting GMS as a single destination for global travelers. The country’s top destinations include Bangkok, Chiang Mai, and seaside resorts in Pattaya and Phuket. The government is working to encourage sustainable tourism that highlights cultural identity, and promotes the conservation of nature and the environment.

As an active member of the GMS Business Forum, Thailand is promoting private sector investment in the subregion, and is encouraging Thai companies to trade with neighboring countries. Thailand is working with its GMS partners to improve trade by easing the flow of goods and services across borders. It is coordinating with subregional partners on customs procedures; inspection and quarantine measures, and trade logistics.

Thailand’s well-developed transport system is an important part of the GMS economic corridors, which focus investment and development on vital highway systems. Thailand has been a driver of economic growth on the North-South Economic Corridor (Kunming-Bangkok Road); the East-West Economic Corridor; and the Southern Economic Corridor. Thailand has worked with its GMS partners to upgrade portions of these important economic corridors and encourage cross border investments aligned with subregional highways.

ADB and Thailand: Fact Sheet

34th Meeting of the GMS Tourism Working Group (TWG-34)

The 34th Meeting of the GMS Tourism Working Group (TWG-34) was held in Luang Prabang, Lao PDR, on 18 November 2014, attended by representatives of the National Tourism Organizations (NTOs) of the six GMS countries (Cambodia, PRC, Lao PDR, Myanmar, Thailand, and Viet Nam), the Mekong Tourism Coordinating Office (MTCO), and the Asian Development Bank (ADB). Representatives of development partners including Swisscontact, GIZ and Luxembourg Development Cooperation also attended.


16th Meeting of the GMS Regional Power Trade Coordination Committee (RPTCC-16)

The 16th Meeting of the Regional Power Trade Coordination Committee (RPTCC-16) was held to (i) open and commence the evaluation of the bids for the venue for the headquarters of the Regional Power Coordination Center (RPCC) which will serve as a permanent institution to enhance regional power trade and implement regional power interconnection in the GMS; (ii) provide updates on the Greater Mekong Subregion (GMS) countries’ power development plans focusing on cross-border projects;


17th Meeting of the GMS Regional Power Trade Coordination Committee (RPTCC-17)

The 17th Meeting of the Regional Power Trade Coordination Committee (RPTCC-17) was held to (i) discuss the progress on the bids for the venue for the headquarters of the Regional Power Coordination Center (RPCC) which will serve as a permanent institution to enhance regional power trade and implement regional power interconnection in the GMS; (ii) provide updates on the Greater Mekong Subregion (GMS) countries’ power development plans focusing on cross-border projects; (iii) discuss the assistance of development partners to support RPTCC activities; (iv) consider the draft report on the GMS


3rd Meeting of the GMS Task Force on Urban Development

The Third Meeting of the GMS Task Force on Urban Development in Vientiane, Lao People’s Democratic Republic (Lao PDR) from 11–12 September 2014 was held to (i) review the draft GMS Urban Development Strategy1 and Implementation Plan; (ii) discuss the GMS Regional Investment Framework (RIF) Implementation Plan, monitoring and evaluation (M&E) system, and the results of the GMS Sixth Economic Corridors Forum (ECF-6) in Ha Noi, Viet Nam (8 August 2014) on Special Economic Zones (SEZs) and Cross Border Economic Zones (CBEZs); and (iii) agree on the way forward of the GMS Urban Development S


The Greater Mekong Subregion has an opportunity to build on its success in promoting connectivity, economic competitiveness, and community through a new investment plan presented at the 5th GMS Leaders' Summit, says ADB President Takehiko Nakao. Photo: ADB.

ADB President Calls on Greater Mekong Subregion to Build on Achievements

BANGKOK, THAILAND (20 December 2014) — The President of the Asian Development Bank, Takehiko Nakao, completed a 2-day visit to Bangkok today, where he participated in the 5th Leaders’ Summit of the Greater Mekong Subregion and met top officials of the host country to discuss ADB’s deepening partnership with Thailand.

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ADB President Takehiko Nakao meets Prime Minister of Thailand Prayuth Chan-ocha during a visit to Bangkok for the 5th Summit of the Greater Mekong Subregion. Photo: ADB.

ADB President Nakao Commends Thailand’s Economic Progress, Notes Potential for Future Growth

BANGKOK, THAILAND (19 December 2014) — The President of the Asian Development Bank, Takehiko Nakao, today met with Prayuth Chan-ocha, Prime Minister of Thailand, Finance Minister Sommai Phasee, and Bank of Thailand Governor Prasarn Trairatvorakul to discuss Thailand’s recent economic performance and examine possible areas of further cooperation with ADB. He will also participate in the 5th Leaders Summit of the Greater Mekong Subregion.

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