Bangkok is abundant in architecture, history, tourist attractions, and local businesses such as Thai massages and herbal goods. Bangkok aspires to be the world's health capital in the future, as well as a worldwide health hub. Bangkok is Thailand's economic, political, social, cultural, and transportation hub, and it is far larger than any of the country's other cities. Bangkok becomes a gateway and a supply chain center for many of the final products offered to customers across the world due to its strategic location in the heart of the Asean countries. Thailand also has two well-known International Aid Agencies that have been helping the neighboring countries which are TICA and NEDA.
Thailand International Development Cooperation Agency (TICA)
Thailand has a proven track record of development achievement. With a nearly doubling of Gross National Income (GNI) and significant decreases in poverty levels during the preceding decade, the nation achieved Upper Middle-Income Status in 2011. In particular, Thailand has a track-record of enthusiastically encouraging the socio-economic development of the neighboring “CLMV” countries (Cambodia, Lao PDR, Myanmar, Viet Nam) and technical cooperation has also been extended to both the wider region and beyond. It is primarily in charge of implementing Thailand's development cooperation projects in surrounding nations as well as other parts of the globe. There are various forms of cooperation, such as development projects, volunteer and expert programs, fellowships, scholarships, and training programs.
TICA's strategy framework for international development cooperation is centered on technical collaboration and linked with aims of strengthening and establishing international relations (in keeping with its institutional alignment with the Ministry of Foreign Affairs). The framework stresses a development strategy that considers how the government may employ international cooperation techniques to benefit Thailand and other parties in general.
Neighboring Countries Economic Development Cooperation Agency (NEDA)
The Neighboring Countries Economic Development Cooperation Agency, or NEDA, is Thailand's foreign development aid agency. It was founded as a public corporation on the 27th of May 2005 and is overseen by the Minister of Finance. The Thai government updated and increased NEDF's efficiency through organizational reorganization in 2005, resulting in improvements in the organisation's operations. The NEDA was finally formed as a result of this.
The Neighboring Countries Economic Development Cooperation Agency (NEDA) stresses four areas for attention when it comes to Soft Loans: (1) transportation connectivity (2) energy (3) urban development (4) human resource development. Currently, Laos PDR, Vietnam, Cambodia, Myanmar, Bhutan, Sri Lanka, and Timor-Leste are among the countries that have received such loans from NEDA.
Objectives, authority and function of NEDA
(as stipulated in Section 7 of the Royal Decree) are as follows:
- Provide neighboring countries and other countries with financial and technical assistance.
- Cooperate with neighboring countries in economic development.
- Conduct studies and provide recommendations on cooperation policies and measures.
- Coordinate with concerned organizations to integrate cooperation.
Address: The Government Complex Ratthaprasasanabhakti (B) Building, South Zone,8th Floor, 120 Moo 3 Chaengwattana Road, Thungsonghong, Laksi District, Bangkok 10210
Tel. +662 203 5000
Fax. +662 143 9327
Address: Sun Tower Building A, 14th Floor, 123 Vibhavadi-Rangsit Road, Chomphon, Chatuchak, Bangkok 10900