ID :
108310
Wed, 02/24/2010 - 09:28
Auther :
Shortlink :
https://oananews.org//node/108310
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Japan and Thailand to jointly develop Thai SMEs
BANGKOK, Feb 24 (TNA) – To mark the 120th anniversary of their diplomatic relations and the signing of an economic partnership agreement, Japan and Thailand have agreed to vigorous programme to jointly develop Thai small- and medium-size enterprises (SMEs).
Thai industry minister Charnchai Chairungrueng said the countries had formed a sub-committee on cooperation in Thai-Japanese industries to supervise the development of Thai SMEs in five areas.
They include the development of personnel in the industrial sector, particularly the auto industry, in support of the policy to promote Thailand as the 'Detroit of Asia', upgrading of production technology, development of energy use for industries, expansion of marketing channels of SMEs, and cooperation in in countering pollution and environmental protection.
Industrial Promotion Department Director-General Arthit Vuthikaro said Thailand's projected economic growth of 3.5-4.5 per cent this year would help the industrial sector expand up to 7-8 per cent.
Thailand’s SMEs are forecast to grow 5 per cent since purchasing power had increased upon the greater demand for consumer products.
However, he warned, some SMEs, which failed to adjust themselves, might be affected by the ASEAN Free Trade Area Agreement (AFTA).
Under the current economic conditions, he projected that some 15-18 per cent of newly-established SMEs would be commercially viable. (TNA)
Thai industry minister Charnchai Chairungrueng said the countries had formed a sub-committee on cooperation in Thai-Japanese industries to supervise the development of Thai SMEs in five areas.
They include the development of personnel in the industrial sector, particularly the auto industry, in support of the policy to promote Thailand as the 'Detroit of Asia', upgrading of production technology, development of energy use for industries, expansion of marketing channels of SMEs, and cooperation in in countering pollution and environmental protection.
Industrial Promotion Department Director-General Arthit Vuthikaro said Thailand's projected economic growth of 3.5-4.5 per cent this year would help the industrial sector expand up to 7-8 per cent.
Thailand’s SMEs are forecast to grow 5 per cent since purchasing power had increased upon the greater demand for consumer products.
However, he warned, some SMEs, which failed to adjust themselves, might be affected by the ASEAN Free Trade Area Agreement (AFTA).
Under the current economic conditions, he projected that some 15-18 per cent of newly-established SMEs would be commercially viable. (TNA)
