methods at Beijing’s BRF
Srettha Thavisin, the prime minister, has suggested a strategy for Thailand’s sustainable development and pledged to support increased Belt and Road Initiative ( BRI ) cooperation with China.
The Thai Land Bridge task was also introduced by the prime minister, who is currently in Beijing, and he urged Chinese shareholders not to overlook it.
At the 3rd Belt and Road Forum( BRF ) for International Cooperation, which is taking place at the China National Convention Center( CNCC ), Mr. Srettha, who also serves as the finance minister, spoke on Wednesday at a high-level forum titled” Green Silk Road for Harmony with Nature.”
He suggested that Thailand prioritize the following in order to realize the vision outlined in the community subject:
Second, it is essential to promote sustainable consumption and production through all socioeconomic activities and to implement the natural transition across all industries. This covers system, electricity, and transportation.
This change will be greatly aided by innovative technologies and modern transformation, but it must be ensured that they are used responsibly and have equal access, he said.
Thailand is constantly putting our long-term lower greenhouse gas emission development strategy into practice. Our national energy strategy has been updated to promote energy efficiency and switch use to clean power.
” We aim to increase the production of zero-emission vehicles to 30 % by 2030, while promoting foreign investment in the electric vehicle industry.” In order to lessen climate change risk and enhance farmers’ well-being, we also intend to scale up green agronomy.
He stated,” I am optimistic that these policies will assist us in achieving our national goals of reducing greenhouse gas emissions by 40 % by 2030, becoming carbon neutral by 2050, and net-zero emissions – 2065.”
Next, Mr. Srettha stated that Thailand understands the value of ecosystem and climate preservation.
The location of the Land Bridge initiative is depicted in a resume by Prime Minister Srettha Thavisin. On Tuesday, while the 3rd Belt and Road Forum( BRF) for International Cooperation was taking place in Beijing, he introduced it to a group of Chinese business leaders.
He stated that the nation wants to increase the number of green spaces up to 55 % of its total land area. He stated that the country is determined to the” 30 by 30 Target” for protected areas with regard to marine and maritime wildlife, citing a commitment made at COP15 in Montreal, Canada, in December 2022.
According to him, Thailand believes that a green azure economy is essential to achieving the Green Maritime Silk Road.
Finally, a method of financing that is economically friendly will be crucial to the green transition. Thailand has so far raised$ 12.5 billion by issuing conservation ties to support a number of jobs. According to Mr. Srettha, the government will soon introduce sustainability-linked bonds to increase the market for natural bonds.
Additionally, this will encourage all organizations to aid Enterprises and the private sector as they operate environmentally friendly businesses.
On the BRI’s tenth anniversary, Mr. Srettha praised China for the accomplishments made possible by the wildly optimistic plan. Millions of people have already benefited from this system task, which spans the entire world and is still in its early stages.
Thailand, despite being a relatively modest country, hopes to learn from this mega-project and put it into practice at home, where it can.
A research and implementation plan for the Land Bridge task was recently approved by the Thai case. The southwestern Andaman region’s connection will be improved as a result of the connection between the Andoman Sea and the Indian Ocean to the Gulf of Thailand and Pacific Ocean. Additionally, it does shorten commute periods across the Strait of Malacca.
One of the top engineering firms in the nation, China Harbour Engineering Company Limited( CHEC ), is interested in joining Thailand’s$ 1 trillion baht southern Land Bridge megaproject, according to government spokesman Chai Wacharonke on Wednesday andnbsp.
During a meeting with Mr. Srettha outside the BRF, CHEC president Wang Tongzhou showed interest.
Mr. Srettha praised the company’s enthusiasm and urged it to speak with the Board of Investment ( BOI ) to find out more about investment privileges.
Additionally, he requested that the business think about opening a local company in Thailand. An international show from November to January will be part of the project’s timeline to attract foreign funding. Between April and June, the government intends to start accepting bids from the private market. A logistics system connecting Ranong to Chumphon is the goal of the project, a public-private relationship.