Thailand 4.0

Thriving in the 21st Century

through

Security, Prosperity & Sustainability

Thailand 1.0

Thailand 2.0

Thailand 3.0

• Agrarian Society

• Cottage Industry

• Light Industry

• Import Substitution

• Natural Resources

& Cheap Labor

• Heavy Industry

• Export Promotion

• Inward Foreign

Direct Investment

Thailand’s Path to Development

Th

e W

ea

lth

of N

atio

n

Industrialization

Globalization

Systemic Challenges Facing Thailand 3.0

Thailand

1.0 Th

e W

ea

lth

of N

atio

n

Thailand

2.0

Thailand

3.0

Imbalance Trap

Inequality Trap

Middle Income Trap

3 New Growth Engines for Thailand 4.0

Green

Growth Engine

Inclusive

Growth Engine

Competitive

Growth Engine More for Less Less for More

Distribution of Wealth Concentration of Wealth

Balanced Development Imbalanced Development

Thailand 4.0

Thailand 4.0 : Strategic Thrusts

Policy

Reorientation

Trade - induced

Transformation

Investment – led

Transformation

Thailand

4.0

● G2G

● P2P

● B2B

● Business Model

● Enabling Ecosystem

● Society with Opportunity

● Society with Competence

● Local Trade & Investment

● Local Employment

● Local Ownership

● Geopolitics

● Geoeconomics

Thailand 4.0

Connect to

the world

Entrepreneur

Driven

Proposition

Domestic

Economy

Smart

Enterprise

Social Mobility

Local

Empowerment

CLMVT as Our

Home Market

ASEAN Global

Connect World

Economy

Innovation

Driven

Proposition

Community

Driven

Proposition

Regional

Economy

Strength

from within

Thailand 4.0 : Policy Reorientation

Supply Driven

Demand Driven Trade in Services

Trade in Goods

Value Added

Value Creation

Knowledge Workers/ High Skilled Labors

Trade Facilitator

Trade Regulator

Trade – induced Transformation

Investment – led Transformation

Investment

in People Integrated

Infrastructure

Technology

Development

and Transfer

Industry for

the Future

Investment – led

Transformation

The S – Curve Growth

S - curve

● First S- curve

1. Next – Generation Automotive

2. Smart Electronics 3. Affluent, Medical and Wellness Tourism

4. Agriculture and Biotechnology

5. Food for the Future

● New S- curve

1. Robotics 2. Aviation and Logistics 3. Biofuels and Bio-chemicals 4. Digital 5. Medical Hub

Nature

Culture

Bio– Diversity

Cultural Diversity

Comparative Advantage

Competitive Advantage

• Food Agriculture & Bio-tech

• Health, Wellness & Bio-Med

• Smart Devices, Robotics & Mechatronics

• Digital, IoT & Embedded

Technology

• Creative, Culture & High Value Services

Thailand 4.0: From Comparative Advantage to Competitive Advantage

Enterprise

• Agritech • Foodtech

• Healthtech

• Robotech

• Fintech

• Edtech

• E-Marketplace

• E-Commerce • Service Enhancing

• Designtech

• Lifestyle Business • Traveltech

• Bio-tech

• Bio-Med

• Mechatronics

• Embedded Technology

• Service Design & Technology

New Industry New Technology

• Food & Agriculture

• Health & Wellness

• Smart Devices &

Robotics

• Digital & IOT

• Creative, Culture &

High Value Services

Pracharat as a key driver

Policy

Reorientation

Trade - induced

Transformation

Investment – led

Transformation

Pracharat

Systemic Reforms

Restructuring

Public Sector

Re - energizing

Private Sector

Empowering

People Sector

Pracharat

Thailand in Transition

• Hyperconflict

• Corruption

• Inequality

• Economic Reform

• Science & Technology Reform

• Education Reform

Administrative Reform

3 Challenging Issues 3 Major Reforms