The BCG model is a new economic model used for national development by focusing on the development of three key economies: Bioeconomy, Circular Economy, and Green Economy.
The Thai government has a policy to offer privileges to foreign investors and has launched a new type of visa, ”Long-Term Resident Visa: LTR Visa,” from 1 September 2022
Agriculture will be accelerated and developed and become more robust by using the plan to drive the BCG Model, focusing on quality and sustainable growth, to create a strong economy coupled with a good environment.
The goal of Thailand's development toward the "Thailand 4.0" era has led to the Eastern Economic Corridor (EEC) project in three provinces: Rayong, Chonburi, and Chachoengsao.
The policy on developing industrial estates into Smart Industrial Estates (Smart IE) and Smart Industrial Zones (Smart IZ), with promotion of the application of technology and innovation.