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“Ekniti” Establishes 5 Task Forces to Boost Thai Economy, Aiming for Top 20 Global Competitiveness by 2029

Politic01 Aug 2026 10:04 GMT+7

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“Ekniti” Establishes 5 Task Forces to Boost Thai Economy, Aiming for Top 20 Global Competitiveness by 2029

“Ekniti” has established five task forces to vigorously drive the Thai economy back to its growth potential, aiming to rank among the world’s Top 20 most competitive countries by 2029 and increase investment to 30% of GDP instead of the current level.


On 1 August 2026 GMT+7, reporters reported that following a meeting of the Subcommittee on New Investment Development under the Joint Public-Private Committee to Solve Economic Problems (กรอ.), chaired by Deputy Prime Minister and Minister of Finance Ekniti Nitithanprapas, approval was given to establish five strategic task forces to drive structural economic reforms and sustainably enhance the country’s competitiveness.

These include the task force to promote the center for industrial transformation and investment, chaired by the Secretary-General of the Board of Investment (BOI).

The task force for the center of artificial intelligence and digital technology is chaired by the Secretary-General of the Office of the National Economic and Social Development Council (NESDC).

The strategic task force targeting the green economy is chaired by Mr. Kulit Sombatsiri, former Permanent Secretary of the Ministry of Energy.

The task force to promote Thailand as a financial hub is chaired by the Permanent Secretary of the Ministry of Finance.

The task force for the center of high-value medical and health services is chaired by the Permanent Secretary of the Ministry of Public Health.

Mr. Ekniti added that he has assigned each task force chair to define projects and driving strategies within their sectors, prioritize them, collaborate with the private sector, and develop Quick Big Win plans to be presented again at the August meeting to monitor progress of each strategy.

This subcommittee’s work differs from other investment task forces as it involves joint efforts between the public and private sectors, integrating tools from various agencies—including fiscal, financial, and investment promotion measures, as well as capital market funding mechanisms—to ensure strategic plans achieve their goals. The aim is to restore economic growth to exceed 3% (the “three plus” target), increase public and private investment from the current 22-23% to 30% of GDP, and rank among the top 20 most competitive countries globally within the next four years, by 2029.