Brokerage reveals sectors to benefit
The government's "Thailand Inc" initiative will support the country's long-term economic transformation and improve investor sentiment, although meaningful structural gains and stronger foreign fund inflows may take 2-3 years to materialise, says InnovestX Securities (INVX).Piyasak Manason, head of economic research at INVX, said the framework marks a new policy approach in which the government is engaging directly with 17 business sectors under the concept of "businesses speak, government listens" to shape national economic strategies.
According to Mr Piyasak, the Finance Ministry plans to consolidate proposals from the public-private consultations into an action plan within six months through a Joint Public and Private Sector Consultative Committee, supported by a dashboard system to track implementation progress.
The initiative is structured around four strategic pillars: infrastructure and clean energy investment, human capital development, the creation of new economic growth engines, and the removal of structural bottlenecks alongside stronger anti-corruption measures.
The infrastructure agenda includes investment in clean energy and water management systems to mitigate El Niño-related risks, while the human capital strategy aims to attract highly skilled workers and leverage more than 1.8 trillion baht in foreign direct investment (FDI) to transfer technology and strengthen Thai businesses.
