ASEAN secretary urged Thailand to accelerate foreign investment.

Friday, 27 July 2555.
ASEAN secretary urged Thai private sector to accelerate foreign investment. Suggested increasing the AEC research and development support.
Mr. Surin Pitsuwan, ASEAN Secretary-General. Keynotes New Dimension in ASEAN. In the conference. The senior administration of justice or honor the 60th Anniversary of the Great Class 16 B.i.s. Wachira case that Thailand will have to change the economic model of investment. The need to encourage investors to invest outside the country instead of foreign investment. Countries like in the past. To bring revenue back into the country. Like South Korea and Japan have been successful.
The country. Are trapped in a middle-income developing countries. By this time, Thailand has an average annual per capita income of U.S. $ 4,500 away from countries with high income per capita is $ 10,000 per year, while Malaysia has already reached U.S. $ 9,500.
Derives from the past, the Thai economy has grown by low-wage workers. And the use of natural resources. Unused potential of knowledge-based economy. With innovative products. Which can earn higher Seen from the government budget. Research development. Thailand has only 0.24% of GDP to 2.8% and Singapore with Thailand would have to adapt to cope with the need to accelerate the work. Product innovation. And maintained by the licensing mechanism. The patent process. Quality people. Research and development. Used in the industry.