Improved Performance in UN SDGs Could Boost Thailand’s Investment Competitiveness

July 2019

Thailand has advanced 19 places from 2018 to rank 40th globally and first in ASEAN in the 2019 UN’s Sustainable Development Goals (SDGs) Report. This development is expected to bolster the country’s attractiveness as more investors see sustainability performance as relevant to their decisions.

According to the Board of Investment of Thailand, the SDG indicators such as quality education, economic growth, work Environment, Energy and agriculture efficiency, and climate action have become fundamental factors in investment decisions.

According to SDG Index 2019 produced by the New York-based Sustainable Development Solutions Network and Bertelsmann Stiftung, which ranked 162 countries on their implementation of the 17 SDGs, Thailand scored 73 points, placing it higher than the regional average score of 65.7 and ranked it ahead of other ASEAN countries. Vietnam was ranked 54th, Singapore 66th, Malaysia 68th, the Philippines 97th, Indonesia 102nd, Myanmar 110th, Lao PDR 111th and Cambodia 112th.

Thailand’s performance is particularly encouraging in the areas of poverty reduction, quality education, affordable and clean Energy, decent work and economic growth, sustainable cities and communities, and climate action.

(Sources: Board of Investment of Thailand)

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