Illustrative image (Photo: https://www.bangkokpost.com/) The five-year strategic plan was approved at the firstmeeting of a management committee to drive the BCG economy chaired by PrimeMinister Prayut Chan-o-cha on January 13.
According to PM Prayut, the government agreed to placeBCG on the national agenda to speed up development because the sectors canincrease the value of farm products and BCG is part of a global developmenttrend.
The BCG strategic plan covers four sectors: farm andfood; healthcare and medical services; energy and biochemicals; and tourism andthe creative economy.
He said the government first plans to develop thebio-economy, as Thailand has more than 30 million people working in the farmsector, yet most of them remain in poverty.
He noted that the BCG committee established seven workingcommittees to drive the development, improve regulations and attract realinvestment.
The development plan calls for the government to increasethe value of farm products and generate more income for the farm sector.
It aims to generate 4.4 trillion baht (146.5 billion USD)worth of income, or 24 percent of GDP, and create 16.5 million jobs by 2022, upfrom 3.5 trillion baht in 2019.
Deputy Prime Minister Supattanapong Punmeechaow said thegovernment is considering various measures to promote the industry as well asprivileges from the Board of Investment (BoI). Last June the BoI approvedadjusting investment privileges and conditions for agriculture categories, suchas a new agriculture category that applies high technology in plantfactories./.
VNA
