Thailand Rubber processing will increase to 30% in the next 10 years
According the information from Thai Media on 21th,March,Thai Rubber Agency and Thailand Research Fund Office signed a cooperation agreement to build a rubber research and cooperation network.At the same time, the government set the target in the next 10 years, the proportion of rubber processing from the current 15-18% to 25-30%.
Deputy Prime Minister Ba Jin hosted the Thai rubber industry sustainable development research activities on March 20, and delivered a special speech that,Thailand is committed to improving the rubber processing industry in Thailand and enhance the use of rubber to meet the needs of domestic and foreign rubber, in the next 10 years, the Government is committed to a year of rubber processing ratio increased from 15-18% 25-30%, while the current production of 80% of rubber exports overseas.
Government police and the military a lot of equipment production and manufacturing can not be separated from rubber, but need to rely on imports.
As a result, the government has introduced policies to support domestic self-processing of related equipment to reduce capital consumption. The relevant policies include the promotion of the construction of rubbercity, the provision of research support for the development of new products to meet market demand, covering health care, agriculture, automobiles And other areas.In addition, the government also provides opportunities for foreign investors, whether by foreign enterprises in full investment, or cooperation with the Thai local industry cooperation, can be seen in the field of rail transport industry results, nearly 2-3 years will continue to invest Expansion, such as bridge pressure pad, train rail pressure plate, car shock system.
Ba Jin also pointed out that the rubber development and research to promote the work of the Thai Rubber Bureau from upstream to downstream support to enhance the domestic rubber processing capacity, in line with market value and demand, and thus promote the further growth of the Thai economy. Thailand Rubber Agency and the Thai Research Fund Office of the cooperation, the two sides will work together to build rubber research and cooperation network, the development prospects of rubber research and development of strategic planning, the research results will be applied to the production, can be described as the rubber industry forward A big step, but also by the government and the support of the private sector, I believe we can be successful.
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