Thailand 4.0 Economic Development Model

Spotlight Activity: Thailand 4.0 Economic Development Model

The Thailand 4.0 economic development model, put forward by the government early this year, is intended to promote economic growth, innovation and environmental protection in Thailand. In terms of environmental protection, the model seeks to create a livable society with an economic system that addresses climate change and supports a low carbon economy. The targets here are to transform at least 10 Thai cities into the world’s most livable cities, and promote green energy growth and renewable energy sources. The model supports the shift from fossil fuels to renewable energy sources for power generation. Its goals will be achieved through environmentally friendly development policies like the 11th National and Social Development Plan, which places a strong emphasis upon the growth of green energy. Thailand’s government also is playing an active role in generating investments in solar and wind power projects.

To know more about the Thailand 4.0 model:
Please see the report by Inter Ventures at http://interventures.asia/2018/02/20/what-is-thailand-4-0/
Please also see the ASEAN Post news report at https://theaseanpost.com/article/thailands-renewable-energy-sector-heading-towards-positive-future

Status: Right Direction

By facilitating the “Thailand 4.0” model”, Thailand is moving in the right direction in terms of developing energy efficient sources for power generation and in strengthening Thailand’s emission reduction standards. Therefore, the “Thailand 4.0” model is definitely ambitious. However, appropriate plans will be required for its successful implementation. The plans should include regular monitoring of the model’s progress, effective stakeholder collaborations and allocation of adequate funding.

Take Action

To take action, simply fill out your name and email in the form below and the message will be sent.

Your message will be sent to:

Mrs. Pavinee Kosa
Director Energy Policy and Planning Division
Energy Policy and Planning Office, Ministry of Energy
Mail: 121/1-2 Phetchaburi Road, Ratchathewi, Bangkok 10400, Thailand
Tel: +66 2612 1555 ext: 416,
Email: pavinee@eppo.go.th

Mr. Wattanapong Kurovat
Director Power Policy Bureau
Energy Policy and Planning Office, Ministry of Energy
Mail: 121/1-2 Phetchaburi Road, Ratchathewi, Bangkok 10400, Thailand
Tel: +66 2612 1555 ext: 523
Email: wattanapong@eppo.go.th

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