ADB-Thailand Partnership Strategy
The country operations business plan (COBP), 2019−2021 is fully consistent with the direction of the Strategy 2030, adopting an approach to respond to Thailand’s specific needs as an upper-middle income country and focusing on areas such as tackling climate change, making cities more livable and strengthening regional cooperation and integration.
The COBP requires ADB to be flexible, responsive, and proactive in capturing the business needs and opportunities in Thailand. In response to the resumption of the government’s sovereign borrowing, ADB will expand its knowledge works and deliver innovative projects through the Airports Improvement and Thailand Green Finance and Innovation Facility projects. ADB will propose new alternative procurement arrangements for sovereign lending projects in the urban transport subsector in order to strengthen project quality and deliver project faster.
To support Thailand’s role as a regional development partner, ADB continues to cooperate closely with the Neighboring Countries Economic Development Cooperation Agency and the Thailand International Cooperation Agency in promoting regional cooperation, knowledge sharing, capacity building, and parallel cofinancing to improve connectivity in the Greater Mekong Subregion (GMS). The COBP also supports the GMS Ha Noi Action Plan 2018−2022 and the GMS Regional Investment Framework 2022. In addition, ADB’s private sector operations including commercial transactions continue to be an integral part of ADB’s engagement with Thailand in energy, transport, telecommunications, agribusiness, and social and finance sectors.
Latest Country Strategies and Business Plans
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The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.
In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.