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Thursday, May 9, 2024

Thailand’s smaller cities can help drive growth

Public-private ventures and municipal bonds to fund development could hold the key, says World Bank study

Tourists take snaps at Wat Phra That Doi Kham or Temple of the Golden Mountain in Chiang Mai. (Photo: Chanat Katanyu)

Cities in Thailand outside Bangkok can accelerate the country’s growth but will need to find ways to access private capital to improve urban infrastructure, according to a World Bank study.

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