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Thailand and ADB

In the Spotlight

Having attained upper-middle-income status in recent times, Thailand aspires to reach higher-income status within the next decade. With its strategic geopolitical position and significance as the second-largest economy in the Association of Southeast Asian Nations (ASEAN), the country plays a major role in promoting regional cooperation and integration.

Since the late 1990s, economic growth has been impeded by global economic shocks, natural disasters, sociopolitical tensions, and relatively low investment. Other challenges to growth have included persistent inequality, environmental degradation, and an aging population. In July 2014, Thailand approved a long-term Infrastructure Development Plan to boost the country’s competitiveness, by improving and expanding its logistics and transport networks.

ADB's country partnership strategy for Thailand provides the flexibility to respond to the country’s needs and priorities through sovereign and nonsovereign support.

Thailand is a member of the Greater Mekong Subregion (GMS). It is also part of the Indonesia–Malaysia–Thailand Growth Triangle (IMT–GT) subregional program.



4 June 2019ADB Signs First Nonsovereign Mass Rapid Transit Project in Thailand
4 April 2019 Launch of the ASEAN Catalytic Green Finance Facility
13 March 2019Workshop for Thailand's State-Owned Power Utility, the Provincial Electricity Authority, on the Issuance of Green Bonds