Thailand  

Quick Facts

Population 69 million (2017)
GDP at PPP (current international dollars) 1.2 trillion (2017)
GDP per capita at PPP (current international dollars) 17,871 (2017)

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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

ADB Supports Thailand’s Green, Social, and Sustainability Bonds for COVID-19 Recovery

The Asian Development Bank (ADB) is assisting the Government of Thailand in designing, issuing, and monitoring innovative capital market initiatives as part of the country’s recovery from the coronavirus disease (COVID-19) pandemic in a manner aligned with the 2015 Paris Agreement and the UN Sustainable Development Goals.

GMS in the News

Areenee Jasiti is a store assistant manager in Thailand where convenience stores have remained open, despite COVID-19. Convenience stores are one of Thailand's lifelines. Photo: UN Women/Ploy Phutpheng (CC BY-NC-ND 2.0)

$1.5 Billion ADB Loan to Support Thailand's COVID-19 Response

The Asian Development Bank (ADB) is providing a $1.5 billion loan to support the Government of Thailand’s response to the coronavirus disease (COVID-19) pandemic.

GMS in the News

Countries Undertake Assessment of Plastic Pollution in the Mekong River

 

Government officials and university researchers from Cambodia, Lao People’s Democratic Republic (PDR), Thailand, and Viet Nam will work together to examine plastic waste leakage into the Mekong River system. The aim is to understand the current state of plastic pollutants in the region and offer policy recommendations to address the challenges.

News

Motorcycle tires being manufactured inside the Camel Rubber Vietnam Co. Ltd factory at the Lao Bao Commercial Area in Huong Hoa District, Quang Tri, Viet Nam. The tires produced by the company are sold locally and are also exported to Lao PDR, Cambodia, Thailand, European and South American countries, as well as to other countries in the ASEAN region. Photo by the Asian Development Bank.

ADB Promotes Trade and Cross-border Investment between SMEs in the GMS and India

The Asian Development Bank (ADB) approved a $3,000,000 technical assistance to support the implementation of initiatives to accelerate trade and cross-border investment between small and medium-sized enterprises (SMEs) of Cambodia, Thailand, Viet Nam—member countries of the Greater Mekong Subregion (GMS) program—and India. This ADB-administered technical assistance is financed by the United Kingdom Fund for Asia Regional Trade and Connectivity under the Regional Cooperation and Integration Financing Partnership Facility.

Projects

Thailand’s Eastern Economic Corridor and What It Means for the GMS

The BTS Skytrain arrives at Asoke station, one of Bangkok’s busiest business districts. The Eastern Economic Corridor project includes high-speed trains to link international airports and doubletrack railways to connect Laem Chabang port to other ports. Photo: ADB.

Thailand’s Eastern Economic Corridor and What It Means for the GMS

Thailand is rolling out an ambitious plan to transform the eastern part of the country into an investment, technology, and transportation hub, where all the economic corridors of the Greater Mekong Subregion converge.

Articles

The road project is expected to improve travel between Yangon (in photo), Myanmar’s largest city, and Mae Sot in western Thailand.

The road project is expected to improve travel between Yangon (in photo), Myanmar’s largest city, and Mae Sot in western Thailand. Photo credit: ADB.

Thailand to Support Upgrade of Key Road Link in Southern Myanmar

The Myanmar government recently approved a project that will ensure the completion of the Greater Mekong Subregion East-West Economic Corridor, which stretches from Danang, Viet Nam to Yangon, Myanmar.

Articles