Thailand Targets 3% GDP Growth by 2025 with Strategic Investments in Tourism and Infrastructure

February 20, 2025
Thailand Targets 3% GDP Growth by 2025 with Strategic Investments in Tourism and Infrastructure
  • Recent data shows an improvement in Thailand's GDP growth, rising from 2% to 2.5%, reflecting positive economic trends.

  • During the 'Matichon Leadership Forum 2025' on February 19, Prime Minister Phaetongthan Shinawatra highlighted the crucial role of infrastructure projects in driving economic recovery.

  • In response to economic challenges, the government has launched the 'Khun Soo Ra Chai' program aimed at providing liquidity and support to households and SMEs burdened by debt.

  • Despite these efforts, Thailand's economy continues to face challenges, including a heavy reliance on exports and high levels of household debt amid global uncertainties.

  • Key infrastructure initiatives, such as a high-speed rail project connecting Thailand, Laos, and China, are set to enhance logistics and create job opportunities.

  • To stimulate the economy, the government is working to boost domestic consumption and foreign tourism, which has seen record highs thanks to favorable visa policies.

  • European business leaders have expressed confidence in Thailand's economic stability during discussions with the European Union-ASEAN Business Council.

  • The EU stands as Thailand's fourth-largest trading partner, with investments exceeding 43 billion euros, which have created jobs for over 160,000 people.

  • Thailand is targeting a 3% GDP growth by 2025, focusing on strategic investments in tourism, infrastructure, and attracting foreign investment.

  • Prime Minister Shinawatra has called for collaboration across various sectors to develop sustainable economic strategies that will support future growth.

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Thailand Aims For 3% GDP Growth With Strategic Investments

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