Thailand, World Bank Partner on 'Reinvent Thailand' to Produce White Paper for Global Stage

The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) is embarking on the advancement of the national strategy 'Reinvent Thailand' in collaboration with the World Bank. As part of this initiative, a white paper will be produced to showcase Thailand's commitment to transformation on the international stage. This white paper is intended for presentation at future international forums, and is expected to outline strategies for addressing Thailand's economic and social challenges, as well as its vision for sustainable growth. The JSCCIB, representing Thailand's private sector, aims to boost the domestic economy and enhance international competitiveness through cooperation with the government and international organizations. The partnership with the World Bank marks a significant step for Thailand to leverage the expertise and funding opportunities from international development partners, thereby accelerating national-level reforms. 'Reinvent Thailand' is anticipated to encompass a wide range of initiatives, including structural economic reforms, the promotion of digitalization, and environmentally conscious development. Through the creation of this white paper, Thailand hopes to clearly demonstrate its commitment to reform to the international community and attract further investment and cooperation.