Phuket Sustainable Transformation Vision and Strategy
Phuket Sustainable Transformation Vision and Strategy
November 26, 2023
UNDP with Prince of Songkla University (PSU), in collaboration with the Phuket provincial office and the Phuket Chamber of Commerce, conducted a study on Phuket Sustainable Transformation Vision and Strategy. Transformation strategies for the province have been recommended, which tackle the short-term immediate needs and the development of a ‘Better Phuket’ that is less vulnerable to economic shocks, addresses the urgent challenges of climate change and ‘leaves-no-one behind’. The recommendations include: (i) balancing short and longer-term recovery efforts—including economic diversification; (ii) integrating the economic, environmental and social aspects of recovery to ensure the most effective use of resources; (iii) building on the achievements of the Phuket sandbox; (iv) strengthening public and private investment project planning to focus on priority investments; (v) increasing funding availability to enable the priority investments; and (vi) strengthened private investment marketing. Capacity development in strategic development visioning, investment project identification and prioritization and investment financing are also recommended.