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Thailand needs stronger urban network to achieve high-income goal - World Bank

Yesterday 20:50Key points summarised by AI

The World Bank urges Thailand to develop a stronger urban network by investing in secondary cities, essential for achieving its 2037 high-income country goal.
Thailand's economic growth is heavily concentrated in Bangkok, leading to congestion and underutilizing the unique economic potential of other regions.
Building a "multi-nodal urban system" involves strategically investing in specialized secondary cities, improving connectivity, ensuring resilient infrastructure, and strengthening institutions.
This approach aims to distribute economic opportunities, jobs, and productivity gains across the country, fostering a more balanced and robust national economy beyond the capital.