Before Thailand jumped into the 4.0 era, there was Thailand 1.0
which was based on the agriculture sector, Thailand 2.0 focused on
light industry and then came the heavy industry of Thailand 3.0
which caught the nation in a medium income trap, with growing
income inequality and imbalanced development. Now, the government
is planning a 20-year National Strategic Plan to strengthen the
local economy through "Sufficiency Economy" and to
connect better with world markets.
The government intends to transform three main areas:
1. From producing "consumer goods" to creating
"innovative" value-added products
2. From an emphasis on physical capital to shift the focus on human
capital, technology, innovation, and creativity
