The treasury joins with the private sector to raise the value of Thai rubber in the world market | RYT9

2023-05-31 06:47:57

Mr. Arkhom Termpittayapaisith, Minister of Finance, and Mr. Krisada Chinawicharana, Permanent Secretary of the Ministry of Finance. Witnessed the signing of a letter of intent to expand cooperation in the Entrepreneurship Upgrade Program in the Rubber Industry Group (CARE) to raise the rubber industry supply chain to be able to increase the value of both agricultural and industrial products.

Currently, exports of rubber and its products are worth more than 680 billion baht per year, covering more than 6 million people involved from upstream, including rubber farmers. Covering an area of ​​over 18 million rai of rubber plantations to the middle of the water, such as a concentrated latex factory dry rubber factory Rubber wood processing plants and downstream such as manufacturers of medical rubber products. automotive parts rubber products used in construction and engineering work, conveyor belts, rubber wood furniture Construction materials, toys, rubber products and other rubber wood Able to deliver valuable products to buyers Entrepreneurs in industry and related services Most of which are small and medium enterprises. including small entrepreneurs

by agencies participating in the project Will continue to help and support according to its mission to support information, opportunities and funds in an integrated way, such as providing knowledge regarding business management, exports, capital management Innovation and environmentally friendly technology Publicizing information and business opportunities to entrepreneurs of all levels. Development of approaches to support access to appropriate funding sources as well as monitoring and evaluating results to improve the project periodically. to be able to achieve the results of the project

The goal of the project is to raise the quality of life of rubber farmers. Implementation of products and management to meet environmental standards and actions to drive the bioeconomy. circular economy and green economy (Bio-Circular-Green Economy: BCG Economy) to increase the value of rubber products and the value of Thai exports. Giving management knowledge and financial management export knowledge and other related knowledge and being a model for integrating cooperation in the supply chain system that connects with other industries in the future

However, in the early stages of operations under the first letter of intent Partner agencies will promote the project to members in the supply chain. Including the establishment of a comprehensive rubber industry integration center at Lakchai Muang Rubber Industrial Estate, Rayong Province to be a comprehensive coordination center for entrepreneurs in the area.

Minister of Finance said that the signing of the contract expands the cooperation in the implementation of this project. It is expected to be able to support access to capital for entrepreneurs, especially SMEs in the Thai rubber industry. It is a budget of 2,000 million baht in 2023, increasing the opportunity to access the necessary knowledge. As well as expanding the opportunity to create added value for rubber products and products greatly. Thai rubber has the opportunity to increase its market share in the world market sustainably. Be part of the sustainable development drive from local to national and global levels.

Incidentally, the signing of cooperation from many organizations today, consisting of the Thai Chamber of Commerce, Thai Shippers’ Council (TNSC), Rubber Authority of Thailand (RAOT), Krung Thai Bank (KTB), Bank for Agriculture and Agricultural Cooperatives (BAAC), Export-Import Bank of Thailand (EXIM BANK), Small Industry Credit Guarantee Corporation (TCG), Lakchai Mueang Yang Industrial Estate, Rayong Province, Plc. Thai Hua Rubber and Construction Products Co., Ltd. (CPAC)


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