Thailand's Five-Point Plan to Boost SMEs
The Industry Ministry in Thailand has introduced a five-point plan to support SMEs, focusing on clean energy and skilled labor. Presented at the SMART SME 2024 seminar in Bangkok, the plan includes technological and skill enhancements, aligning local businesses with global trends. Key areas covered are high-tech manufacturing, traditional industries, the creative economy, eco-friendly practices, and community enterprise support.
The Industry Ministry has unveiled a five-point strategy to support Thailand’s small and medium enterprises (SMEs) in adapting to global industrial trends, with a focus on clean energy and high-skilled labor.
Speaking at the SMART SME 2024 seminar in Bangkok, Industry Minister Pimphattra Wichaikul emphasized integrating Thai SMEs into the supply chain for high-tech manufacturing and electric vehicles.
Key initiatives include technology adoption, skill enhancement, and parallel growth with international standards.
The five-point plan covers developing target and traditional industries, promoting the creative economy, fostering environmentally friendly industries, and supporting community enterprises with financing and resources.
Speaking at the SMART SME 2024 seminar in Bangkok, Industry Minister Pimphattra Wichaikul emphasized integrating Thai SMEs into the supply chain for high-tech manufacturing and electric vehicles.
Key initiatives include technology adoption, skill enhancement, and parallel growth with international standards.
The five-point plan covers developing target and traditional industries, promoting the creative economy, fostering environmentally friendly industries, and supporting community enterprises with financing and resources.
