The government and business leaders have agreed to accelerate investment in infrastructure, clean energy and workforce development to capitalise on global economic shifts triggered by the Middle East conflict.
They unveiled plans for major investment in industry, energy, water management and human capital as Thailand seeks to position itself as a regional manufacturing and investment hub amid growing global energy uncertainty.
Speaking after a meeting between officials and leading business executives on Friday, Deputy Prime Minister and Finance Minister Ekniti Nitithanprapas said both sides agreed Thailand must seize opportunities arising from the global energy crisis and geopolitical instability in the Middle East.
Mr Ekniti said many companies expected manufacturers and supply chains to relocate to Southeast Asia, with Thailand viewed as an attractive investment destination.
Skilled labour and technology-related industries are also likely to shift towards the region.
