Upgrade your membership plan for the full website experience.
View Membership Plans
October 16, 2024

Thailand’s Initiatives Towards Sustainable Development in Solar Energy, Financial Viability, and Data Centers

renewable energy image
October 16, 2024

Thailand is currently navigating a pivotal moment in its sustainable development, particularly in the renewable energy sector. The U.S. Commerce Department recently imposed anti-subsidy duties on solar cells from Thailand, setting a rate of 23.06%. This action is part of a broader initiative to address complaints from American manufacturers about unfair subsidies received by Chinese companies operating in Southeast Asia. The situation underscores the critical need for Thailand to enhance its competitive edge in solar energy production while ensuring compliance with international trade regulations. The economic implications are significant, as Thailand's ability to attract investment in clean energy technologies will directly impact its sustainability goals.  

Additionally, Thailand is strengthening its technology infrastructure to support economic growth and digital transformation. Google recently announced a $1 billion investment to establish data centers and cloud regions in Thailand, expected to create approximately 14,000 jobs annually until 2029. This investment aligns with the country's Cloud First Policy and is part of a broader effort to enhance digital capabilities and support artificial intelligence adoption. By leveraging these technological advancements, Thailand aims to position itself as a leader in the Southeast Asian digital economy, creating synergies between sustainable development and economic resilience. 

Join the Council to continue reading this article
Enhance your business impact in Southeast Asia: Become a member of the US-ASEAN Business Council and tap into a network of possibilities.
Free Related Articles

Membership Plans

Corporate Council

Corporate membership provides general advocacy support, access to all country- and industry-specific updates, and access to most Council events.

  • Business missions to all 10 ASEAN markets which engage governments at the highest levels.
  • Off-the-record roundtables and policy briefings with senior government leaders in ASEAN and the U.S.
  • On-the-ground support for promoting your positions/policy priorities with policy makers.
  • Industry-specific, country-specific, cross-sector and regional advocacy through committees that target their engagement based on member priorities.
  • Advocacy on your behalf in situations where your company should not be directly identified or is unable to be present.

Chairman’s Council

Corporate membership provides general advocacy support, access to all country- and industry-specific updates, and access to most Council events.

  • All Corporate benefits.
  • Assistance with resolving company-specific trade or investment issues through our six regional offices and U.S.-based staff.
  • Develop effective advocacy strategies to impact policy concerns.
  • Identification of, and engagement with appropriate policy influencers to impact policy concerns.
  • Assistance in conducting follow-up after engaging government leaders (can include providing officials with additional materials, setting up meetings with their staff, getting a readout of the government’s reaction to the discussion).
  • Support for developing arguments that will resonate with target stakeholders.
  • Leading and setting the agenda and policy priorities of the Country and Industry Committees.