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Why Thailand needs to get on fast track in promoting EVs
Thu, 7 January 2021
Government around the world are aware of the environmental problems and challenges besieging the planet. This has led to the framing of public policy focusing on the balancing of economic, social, and environmental issues.
The trend in pushing economic development is increasingly based on innovation being applied to increase productivity and further improve people’s quality of life. Reducing the amount of greenhouse gas emissions and PM2.5 (particles less than 2.5 micrometres in diameter) dust in the air are critical areas of emphasis in framing policies to promote the development of industry and the use of electric vehicles seriously until it becomes a national agenda.
BANGKOK, Dec. 24, 2020 /PRNewswire/ In the first nine months of 2020, local and international companies applied to invest as much as US$1.7 billion in Thailand in more than 300 projects in the sectors listed as "BCG", or Bio-Circular-Green economic activities focused on environmental protection and sustainability, according to data collected by the Thailand Board of Investment (BOI)..
BANGKOK, Dec. 24, 2020 /PRNewswire/ In the first nine months of 2020, local and international companies applied to invest as much as US$1.7 billion in Thailand in more than 300 projects in
In the first nine months of 2020, local and international companies applied to invest as much as $1.7 billion in Thailand in more than 300 projects in the sectors listed as BCG , or Bio-Circular-Green economic activities focused on environmental protection and sustainability, according to data collected by the Thailand Board of Investment (BOI).
This lifted the total value of BCG applications since the start of 2018 to $6.7 billion, reinforcing Thailand s position as a Bio-Circular-Green hotspot, the BOI said.
The BCG model, as defined by the Thai Government, encompasses industries that allow inclusive, sustainable growth while reducing waste, pollution and dependence on finite resources. Thailand is a major agricultural producer, tourism destination and medical hub and its BCG sector comprises many of the country s important industries: agriculture and food; bioenergy, biomaterials and biochemicals; medical and wellness; and tourism and the creative economy.