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Friday, Mar 14, 2025

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CP Chief Calls for Greater Investment in Tourism and Agriculture

Dhanin Chearavanont urges the Thai government to prioritize funding for infrastructure and innovation in key sectors for economic growth.
Dhanin Chearavanont, senior chairman of Charoen Pokphand (CP) Group, has called for increased government investment in Thailand's tourism and agricultural sectors, both crucial to the nation's economic growth.

Speaking at the Chula Thailand Presidents' Summit 2025, Mr. Dhanin expressed confidence in the Thai economy despite global uncertainties.

However, he emphasized that adequate funding and infrastructure development are essential for the continued success of these sectors.

Mr. Dhanin praised the government's visa exemption policy aimed at attracting foreign tourists, describing it as a strategic move to quickly boost national income.

Yet, he pointed out that Thailand is not fully prepared to accommodate the influx of tourists and urged the government to provide clear goals and sufficient funds to strengthen the tourism sector, particularly focusing on safety measures.

Regarding agriculture, Mr. Dhanin noted Thailand's geological advantages, such as its relative immunity from major natural disasters, positioning the country as a strong agricultural producer.

He highlighted the importance of water management and technological integration to improve agricultural productivity, suggesting that investment should be redirected from road construction to enhancing water management infrastructure, including dams and irrigation systems.

He also emphasized the role of technology in agriculture, noting the use of drones and robotic systems to improve efficiency and safety on farms and in production facilities.

Mr. Dhanin further stressed the importance of electricity in supporting technological advancements, including electric vehicles and artificial intelligence, and identified nuclear power as a growing global trend.

In addition, he proposed that Thailand could become a regional educational hub by aligning universities with global standards, thereby attracting foreign talent and boosting tax revenue.

He also recommended study-and-work schemes to assist Thai students in transitioning to the workforce after graduation, which would address skills shortages and contribute to long-term economic growth.
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