Mr. Arkhom Termpittayapaisith Minister of Finance presided over and witnessed the signing ceremony for cooperation with the Thai Chamber of Commerce and the Chamber of Commerce of Thailand, Shippers Council of Thailand, Rubber Authority of Thailand (RAOT) and Credit Guarantee Corporation Small industry (TCG) to integrate the upgrading of entrepreneurs in the rubber industry in the entire supply chain to be able to compete on the world stage.

On January 20, 2023 at 9:00 a.m., the Export-Import Bank of Thailand (EXIM BANK) responded to the policy of the Ministry of Finance. Launched a cooperation project with the Thai Chamber of Commerce and the Board of Trade of Thailand (CA), the Shippers’ Council of Thailand (NASC), the Rubber Authority of Thailand (RAOT) and the Small Industry Credit Guarantee Corporation. To integrate the upgrading of entrepreneurs in the rubber industry in the entire supply chain to be able to compete on the world stage. By starting the pilot with LK-RICH rubber Industrial Estate, Rayong Province after the letter of intent signing ceremony between Mr. Sanan Angubolkul, President of the Chamber of Commerce, Dr. Chaichan Charoensuk, President of the Royal Thai Navy, Mr. Nakorn Takwira Phat, Governor of RAOT, Dr. Raks Vorakit Pokathorn, Managing Director of EXIM Thailand, Mr. Sitthikorn Direksunthorn, Director and General Manager of TCG, and Dr. Lakchai Kittipon, Honorary Chairman of Thai Hua Rubber Public Company Limited and Chairman of the Executive Board of Lakchai Muang Yang Industrial Estate, Rayong Province, with Mr. Arkhom Termpittayapaisith Minister of Finance presided over and witnessed the signing ceremony along with Mr. Niti Wiwatwanich, Deputy Governor of Chonburi Province Be a witness at Ban Suan Municipality, Muang District, Chonburi Province

This is an important collaboration between state-owned financial institutions under the supervision of the Ministry of Finance and the Thai industry to solve problems and improve the development of agricultural products such as rubber, led by the Chamber of Commerce and NESDB, RAOT, and industrial estates. in the east To pilot and upgrade the development of farmers and Thai entrepreneurs in the rubber product group. which is one of the most important agricultural products in the country, both in terms of job creation Because it is an industry that has farmers and business associates up to 1.7 million households or more than 6 million people nationwide. and in the dimension of generating income into the country From exporting primary processed rubber and extending it to downstream rubber products, the total export value is over 680 billion baht per year, with Thailand being the world’s top exporter of rubber and its products. In addition, the rubber industry Production at the upstream level, in particular, generates enormous amounts of added value in the country. Since there are more than 90% of the production factors used in the country (Local Content), it can be said that Para rubber is an industry that truly helps generate and distribute income to the Thai people. The project will enhance liquidity for entrepreneurs in the supply chain of rubber and related products. This will help stimulate money and expand industry transactions to expand. And contribute to the growth and adaptation to the green economy of the rubber production and export sector of Thailand, especially SMEs, have more access to funding from the financial system. more convenient at a fair interest rate Help reduce business costs for entrepreneurs in the rubber industry and related groups to be able to start start adjusting to the green economy or expanding the business to connect with the world’s supply chain, as well as providing comprehensive management knowledge in the midst of opportunities and challenges from the economic situation and environmental regulations of the world and Thailand.

This parallel government-private partnership will help unlock limitations in various dimensions, including access to information. Business opportunity and the capital of entrepreneurs, both juristic persons and individuals, especially SMEs, which are small people in the business world. In line with the government’s policy to solve economic problems Connect with society and environment driving the bioeconomy circular economy and green economy (Bio-Circular-Green Economy) to add value to the local economy and further sustainable development.