Thailand 4.0, what does it mean and what you need to know?
The Thai government is
working hard to promote “Thailand 4.0” as a new economic model. Thailand 4.0
focuses on a “value-based economy,” as the country needs to deal effectively
with disparities and the imbalance between the environment and society. Prayut
Chan-o-cha, which is Prime Minister General, explained that Thailand 4.0 has
three elements, which mark a significant change in the country’s economy and
production. But before Thailand jumps into its 4.0 version, it has had three
stages.
First, Thailand 1.0 is
about agriculture. During this stage, Thai had made a living out of farmland
and livestock. They had grown rice and various other plants to support
themselves. They had also raised pigs, ducks and chicken to generate income.
Next, Thailand 2.0 is about light industries. In this stage, Thai started using
tools in their economic activities. The country started manufacturing clothes,
bags, beverages, ornaments, etc. Finally, Thailand 3.0 (the today’s
Thailand) is about heavy industries. At present, Thailand has manufactured and
exported steel, automobiles, natural gases and more. The country has still
relied on foreign technologies in driving its exports.
This model will prove
successful only with public. The private sector including banks, educational
institutes, research organizations, SMEs, startups and people must all jump
into the same bandwagon and head towards the same direction. To drive these
efforts
Thus, I believe that it
is necessary; the country has quality communications and telecom infrastructure
too. Internet penetration rate must be highest possible to ensure the smooth
connectivity and integration of all sectors.






