31.3 C
Bangkok
Sunday, May 5, 2024

Government banking on BCG model to propel recovery

Mr Kitipong believes the Thai economy is too dependent on external drivers.

The bio-, circular and green (BCG) economy is being touted by the government as a new model to bolster economic recovery.

The first meeting of a management committee to drive the BCG economy, chaired by the prime minister, in January approved a five-year strategic plan to promote the BCG economy spanning 2021 to 2026.

The government also agreed to place the BCG economy on the national agenda to speed up development because the sectors can increase the value of farm products and the BCG economy is part of a global development trend.

“The government is serious about pushing BCG to boost Thailand’s economy, which is battered by the Covid-19 outbreak,” said Kitipong Promwong, director of the Office of National Higher Education,…

Read more…

Latest Articles