Phuket Sustainable Transformation Vision and Strategy
![Phuket Sustainable Transformation Vision and Strategy cover photo](/sites/g/files/zskgke326/files/styles/publication_cover_image_mobile/public/2023-11/Phuket%20Sustainable%20Transformation%20Vision%20and%20Strategy_cover%20photo.png?itok=O7eHea3S)
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.