PATTAYA, Thailand - The Thai Cabinet has approved five targeted measures to stimulate domestic tourism during the high season through the end of 2025, focusing on secondary cities and encouraging private sector upgrades via tax incentives. Officials say the plan aims to increase domestic travel, improve tourism infrastructure, and push Q4 GDP growth by 1%.
Lavaron Sangsnit, Permanent Secretary of the Ministry of Finance, emphasized that these measures are designed to encourage Thai residents to travel domestically, increase spending in secondary cities, and incentivize private investment in tourism infrastructure. He noted that the tax deductions and incentives would stimulate approximately 13 billion baht in tourism spending, with combined government programs pushing total outlays to 110 billion baht, contributing 0.45% to Q4 GDP.
The Ministry expects these incentives to strengthen the tourism sector, create jobs, and improve local economies across Thailand's lesser-visited provinces. (TNA)