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Thai Government lures wealthy foreigners

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Buildings in Bangkok

Buildings in Bangkok. Photo: free-pix-bkk (PIxabay).

The government has set a “proactive economic plan” aimed at drawing at least 1 million high-income foreign tourists and foreign investors in the new S-Curve industries as part of efforts to free the country from the middle income trap.

Deputy Prime Minister Supattanapong Punmeechaow said that a meeting of the Centre for Economic Situation Administration (CESA), chaired by Prime Minister Prayut Chan-o-cha, approved last Friday in principle a plan to promote investment and tourism for a post-pandemic economic recovery.Concerned agencies have been given one month to present details of the plan before the next meeting of the CESA, he said.

Full story: Bangkok Post

Chatrudee Theparat and Wichit Chantanusornsiri

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