Key Takeways
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Prime Minister Paetongtarn Shinawatra presented her vision for sustainable economic growth at the JFCCT Prime Minister Address Luncheon 2025, emphasizing the need for a transformation from traditional economic practices to a “Bio-Circular-Green” (BCG) Economy Model. The event took place on 14 February 2025 in Bangkok.
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During her address, she highlighted the crucial role of public-private collaboration in promoting sustainable growth to enhance Thailand’s competitiveness in a dynamic global market.
- The BCG Economy Model focuses on the efficient use of natural resources while prioritizing innovation and environmental sustainability and applies to key sectors such as agriculture, healthcare, energy, tourism, and the creative economy.
Prime Minister Paetongtarn Shinawatra has outlined her vision for economic growth, saying that the Government aims to transform traditional economic growth into sustainable growth through the adoption of the “Bio-Circular-Green” (BCG) Economy Model.
The Prime Minister spoke about the issue at the JFCCT Prime Minister Address Luncheon 2025, under the title “Sustainable Thailand – Advancing with Reforms.” The event was organized by the Joint Foreign Chambers of Commerce in Thailand (JFCCT) on 14 February 2025 at the Grand Ballroom, Grand Hyatt Erawan Bangkok.
Government Spokesperson Jirayu Houngsub said that, in her address, Prime Minister Paetongtarn stressed the importance of cooperation between the public and private sectors in driving sustainable growth in order to enhance Thailand’s competitiveness and achieve long-term success in the rapidly changing global economy.
The Prime Minister cited the BCG Economy Model as a pathway for the efficient use of natural resources, with an emphasis on innovation and environmental sustainability, covering such major industries as agriculture and food, healthcare and biotechnology, energy and materials, tourism, and the creative economy.
