Thailand is one of the country’s most vulnerable to climate change. The impacts are already being felt with drought in the northeast and flood in the southern region damaging crops and affecting growing seasons. Bangkok is sinking up to two centimetres every year and more than 10 per cent of the Thai population now live in the areas in all probability to be underwater by 2050. Fortunately, Thailand has great potential for development with the national climate change master plan (2015-2050). The plan is designed to help Thailand achieve sustainable low carbon growth and climate change resilience by 2050. Currently, Thailand produces about 15 percent of its total energy from renewables and plans to increase this to 30 percent by 2036 as part of its Alternative Energy Development Plan. The energy systems are in need of extensive development and there are clear opportunities for renewable energy pathways for future development.
One of the latest highlights in Thailand’s infrastructure industry is Eastern Economic Corridor (EEC), a project for the economic development of Thailand’s Eastern Seaboard. EEC project is the significant investment driver in infrastructure, industrial as well as smart communities and green living projects.
Thailand ranked the 29th in the World Competitiveness Ranking 2020 report but the country’s business efficiency and infrastructure ranking improved from 27th to 23rd and 45th to 44th respectively. The country boasts a population of 66.5 million (2019) with 0.25 population growth rate.