ADB and Thailand: A Development Partnership toward Inclusive Growth
Abstract
Description
ADB has supported Thailand’s economic transformation by investing nearly $8 billion over the course of 50 years’ partnership.
The partnership between ADB and Thailand has involved both financial and technical cooperation in a wide range of sectors including infrastructure, finance, energy, environment, and regional cooperation and integration. ADB has continued to serve as an important conduit through which Thai public and private sector institutions gain access to the financial support, knowledge and cutting-edge expertise that are essential to the country’s growing and increasingly sophisticated development.
This publication reflects on Thailand’s impressive development journey over the past 50 years, and its rise to upper-middle income country status. It is hoped that this publication can also lay the groundwork for future policy directions between ADB and Thailand. As a trusted provider of knowledge and finance, ADB will continue to support sustainable and inclusive growth in Thailand through cleaner and more technologically advanced infrastructure development, Public-Private Partnerships, climate-friendly innovations, and regional cooperation and integration.