China keens to set up plants in Thailand

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China keens to set up plants in Thailand



BEIJING, 11 November 2014 (NNT) –The Chinese private sector expressed interest in setting up rubber processing plants and waste management plants in Thailand.

The Prime Minister Prayut Chan-o-cha met with personnel from the private sector in China during the Asia-Pacific Economic Cooperation (APEC) Summit in Beijing, China.

China’s private sector is interested in setting up rubber processing plants in Thailand but they need help from the Thai government in order to abide with the country’s rules and regulations.

The Prime Minister has ordered a committee to study the feasibility of this investment opportunity. If the rubber processing plant can be set up, it would benefit the nation by generating more income through the elevation of rubber price, which is in line with the Government’s policy that promotes adding value to the product.

However, everything must proceed accordingly to the regulations of the Board of Investment of Thailand (BOI), said the Prime Minister.

Another interest expressed by the Chinese private sector is the setting up of a waste management plant in Thailand. They are confident that the quality of garbage in Thailand is in good condition, which will allow the plant’s incinerator to generate a high level of heat. This will also help in dealing with excess waste in Thailand.

The Prime Minister said that this is a good opportunity for both countries, but everything must proceed transparently to prevent any corruption.


-- NNT 2014-11-11

[The stuttering parrot]

Watch out Thailand the Chinese will play you off a break if you let them.

While the general tries to make out that all is ok back home investors looking to invest have a lot of options to invest in many countries through out Asia and will do it on their terms.

Thailand has the image of coups and shutdowns so investors are looking at more stable countries.

If your to desperate then things will go pear shaped very quickly.

[sfokevin]

I think there was a interpreter error I think they were talking about rice processing not garbage - Oh maybe no error ...

Edited November 11, 2014 by sfokevin

[JOC]

Oh the irony!!

The most polluted country on Earth is going to help other countries with waste management!!

[cloudhopper]

A processing plant will increase the price of rubber? These people have no clue. No wonder China is keen to set up plants here and exploit the economic and environmental naivete.

[MaiChai]

I have wondered why the Thais don't incinerate waste and generate power from it. Ironic the Chinese are interested in helping them and making money off the back of the Thais!

[Soutpeel]

it would benefit the nation by generating more income through the elevation of rubber price, which is in line with the Government’s policy that promotes adding value to the product.

The great rice scam part deux one wonders ?

[zydeco]

Thailand to be turned into China's toxic dump?

[bluebluewater]

"They are confident that the quality of the garbage in Thailand is in good condition"

Best line in the article by far!

[Soutpeel]

I have wondered why the Thais don't incinerate waste and generate power from it. Ironic the Chinese are interested in helping them and making money off the back of the Thais!

hey are confident that the quality of garbage in Thailand is in good condition....

Yes quality garbage in Thailand....same as the quality tourists they have

how much heat would one generate burning plastic 7/11 bags and Styrofoam trays anyway ?

Edited November 11, 2014 by Soutpeel

[marcusd]

WHY oh WHY would China want to INCREASE the price of rubber? A lot of Thai (and Malaysian) rubber goes to making latex products. For example, I buy thai latex gloves at $3.80 per 100 (box). Malaysian (quality exactly the same folks) $2.65

Chinese latex (i dunno where they get the rubber from) $1.85!!!!

So why would they want to INCREASE the prices when the wholesale price in Thailand is already almost double of production in Thailand. maybe the waste dump is all China wants.

CHINA does not make large factory investments in other countries, as they have cheap labour already in China and large very good producing factories. Thailand is being made a waste dump that is all or part of the greater Chinese empire.

[marcusd]

WHY oh WHY would China want to INCREASE the price of rubber? A lot of Thai (and Malaysian) rubber goes to making latex products. For example, I buy thai latex gloves at $3.80 per 100 (box). Malaysian (quality exactly the same folks) $2.65

Chinese latex (i dunno where they get the rubber from) $1.85!!!!

So why would they want to INCREASE the prices when the wholesale price in Thailand is already almost double of production in Thailand. maybe the waste dump is all China wants.

CHINA does not make large factory investments in other countries, as they have cheap labour already in China and large very good producing factories. Thailand is being made a waste dump that is all or part of the greater Chinese empire.

[ClutchClark]

A processing plant will increase the price of rubber? These people have no clue. No wonder China is keen to set up plants here and exploit the economic and environmental naivete.

Why would a processing plant NOT allow a higher price since the product will now be further processed?

Please explain.

Cheers

[Robespiere]

Goodbye Japan, hello China.

So the downward spiral continues.

[Thai at Heart]

but they need help from the Thai government in order to abide with the country’s rules and regulations.

The Prime Minister has ordered a committee to study the feasibility of this investment opportunity. If the rubber processing plant can be set up, it would benefit the nation by generating more income through the elevation of rubber price, which is in line with the Government’s policy that promotes adding value to the product.

i.e.....The Chinese don't like giving away 51% of their company either.......Agribusiness is for Thais.......As it has been for years. Find a compliant partner, give him 51% of your company and good luck

Edited November 11, 2014 by Thai at Heart

[templedog]

Watch out Thailand the Chinese will play you off a break if you let them.

While the general tries to make out that all is ok back home investors looking to invest have a lot of options to invest in many countries through out Asia and will do it on their terms.

Thailand has the image of coups and shutdowns so investors are looking at more stable countries.

If your to desperate then things will go pear shaped very quickly.

Right on.

[NeverSure]

Thailand never sees the big picture.

[ClutchClark]

Thailand never sees the big picture.

And China always sees the big picture.

I remember a joke that America never looks further ahead than the next business cycle or election year while China makes plans for three generations in the future.

Cheers

[DeepInTheForest]

Oh the irony!!

The most polluted country on Earth is going to help other countries with waste management!!

Thailand to be turned into China's toxic dump?

I have wondered why the Thais don't incinerate waste and generate power from it. Ironic the Chinese are interested in helping them and making money off the back of the Thais!

hey are confident that the quality of garbage in Thailand is in good condition.... alt=laugh.png>

Yes quality garbage in Thailand....same as the quality tourists they have

how much heat would one generate burning plastic 7/11 bags and Styrofoam trays anyway ?

Incineration was briefly sold as the solution to solid waste disposal in the "advanced" industrialized countries. Until it was realized how polluting it is-- burning plastics produces dioxin, one of the worst, most pernicious environmental carcinogens. And there will be heavy metal emissions as well, depending of course on what goes into the incinerator.

Now the incinerators that were built in a ten-year span starting in the 80s are largely abandoned in the larger countries.

Here is a case study from Serbia, of all places, pointing out that such "investments" are part of a pattern of exploitation of developing countries.

http://www.academia.edu/191713/FOREIGN_INVESTMENTS_IN_MUNICIPAL_SOLID_WASTE_INCINERATORS_-_TRANSFER_OF_POLLUTING_TECHNOLOGY_TO_SERBIA

Edited November 11, 2014 by DeepInTheForest

[selftaopath]

I have wondered why the Thais don't incinerate waste and generate power from it. Ironic the Chinese are interested in helping them and making money off the back of the Thais!

Yeaaaaa the Chinese are "noted" for helping. lol

Hell in rural Isaan villages many have absolutely NO trash collection.

[ezzra]

"They are confident that the quality of garbage in Thailand is in good condition"

Yep.. we do have good quality garbage here in Thailand, just look at the police and government's

ministry of in-active posts...

[ClutchClark]

"They are confident that the quality of garbage in Thailand is in good condition"

Yep.. we do have good quality garbage here in Thailand, just look at the police and government's

ministry of in-active posts...

...and those fine upstanding farang camped out on Soi Nana and last time sober being decades ago or howabout all the farang here with outstanding warrants back home?

No shortage of high quality garbage here.

[Lupatria]

setting up waste management plants in Thailand.

Maybe they are tired being pressured to buy rotten rice...

[klauskunkel]

right now they are only keening, but once the wailing starts...run!

[rickirs]

"The Prime Minister said that this is a good opportunity for both countries ..."

Why is this a good deal for Thailand? These plants do not require proprietary technology - no intellectual property for the Chinese to transfer to Thailand. You know the Chinese will want favorable tax treatment, exemption from environmnetal regulations, use Chinese machinery & equipment, maybe even Chinese contractors. Design for these plants has been around for years in other countries for plants have been shown to be effective and reliable. Get together Thai investors and make these plants happen.

[Pierrefun]

China keen to set up plants in Thailand

ok, go ahead

China’s Yunnan province

[Don Aleman]

Thai agencies often use the word " keen " when the other party said" maybe or "we'll think about it " ! which is the same as " The check is in the mail " !

[DLock]

China are way to smart for Thailand.

The deals will be very one sided and on Chinese terms. 49%? Never. BOI or nothing.

The Chinese have no thoughts of helping Thailand, only helping themselves get richer.

Be careful what you wish for Prayut. You're about to be played...

[mac1970]

Crickets arrived to the walls of Sodoma and Gomorra. If this is gonna happen, there is going to be everlasting fog over Thailand and less sunburns

for sure. But it does not bother Chinese turists, so no worries, business continues as usual.

[marcusd]

A processing plant will increase the price of rubber? These people have no clue. No wonder China is keen to set up plants here and exploit the economic and environmental naivete.

Why would a processing plant NOT allow a higher price since the product will now be further processed?

Please explain.

Cheers

Because they already have a zillion in China - see www.alibaba.com