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Thailand Aims To Become Electronics Hub


Jai Dee

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ECONOMIC MINISTERS MET TO DISCUSS 2006 ECONOMIC DEVELOPMENT AIMS, VOWS TO SHAPE THE COUNTRY INTO AN ELECTRONICS HUB IN 3 YEARS

Economic ministers met to discuss the 2006 economic development policies, and vowed to push chicken and processed shrimp as the star exports this year.

Deputy Prime Minister and Commerce Minister Somkid Jatusripitak (สมคิด จาตุศรีพิทักษ์) yesterday called a meeting of economic ministers comprising Industry Minister Suriya Jungrungruangkit (สุริยะ จึงรุ่งเรืองกิจ), Agriculture Minister Sudarat Keyuraphan (สุดารัตน์ เกยุราพันธ์), Finance Minister Thanong Phitthaya (ทนง พิทยะ), and Prime Minister's Office Minister Suranand Vejajeeva (สุรนันท์ เวชชาชีวะ). Mr. Somkid said all economy-related ministries will look at the whole picture and stick to their product development strategies.

The Ministry of Industry will push Thailand to become the 2nd hub of electronics in Asia, in place of Singapore and Malaysia. The Ministry of Finance will handle tax measures and provision of incentives to entrepreneurs. The Agriculture Ministry will work to improve the quality of products, and this year exportation of chicken and processed shrimp will be emphasised.

Source: Thai National News Bureau Public Relations Department - 13 January 2006

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