Government banking on BCG model to propel recovery

The bio-, circular and green (BCG) economy is being touted by the government as a new model to bolster economic recovery.

The first meeting of a management committee to drive the BCG economy, chaired by the prime minister, in January approved a five-year strategic plan to promote the BCG economy spanning 2021 to 2026.

The government also agreed to place the BCG economy on the national agenda to speed up development because the sectors can increase the value of farm products and the BCG economy is part of a global development trend.

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Bangkok Post Reporter