Huawei: ICT to form 30% of GDP by 2030 - News Summed Up

Huawei: ICT to form 30% of GDP by 2030


Huawei: ICT to form 30% of GDP by 2030Mr Deng says Thailand has the most attractive geographic location among Asean countries, as well as the best digital infrastructure. Huawei Thailand as a vendor appreciates the country's mobile broadband ecosystem development that makes Thailand a strategic market for Huawei Group, Mr Deng said. The ICT sector in the country is forecast to make up 30% of GDP by 2030, after which the sector's value is expected to climb 30% a year. In the US and Britain, the ICT sector contributes 50% to GDP, Mr Deng said. Regarding the current political conflicts in Thailand, Mr Deng said Huawei is still confident in the country's competitiveness, potential and security.


Source: Bangkok Post October 15, 2020 23:37 UTC



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