30 private and state agencies join hands to drive grassroot economy

[webfact]

30 private and state agencies join hands to drive grassroot economy



BANGKOK: -- Over 30 private and state organizations today (Wednesday) entered into an agreement of joint cooperation to implement three projects aimed to drive grassroot economy in accordance with the “pracharath” strategy.

The three projects include One Tambon One SME for agriculture, project encompassing retailing of farm products, community products and tourism and project to drive grassroot economy.

Deputy Prime Minister Somkid Jatusripitak presided over the signing of a memorandum of understanding involving 30 private and state organizations.

He said that implementation of the three projects will mark the start of the drive to push for grassroot economy in a tangible fashion. Private sector, he said, will be persuaded to invest in the building of weirs, reservoirs or processing plants for farm produce with incentives to be provided to the investors.

While Commerce Ministry will try to secure markets for farm products, he said that the private sector would be asked to buy products directly from farmers.

Starting this year, Mr Somkid said Tourism Authority of Thailand will invest in the development of tourist destinations to promote sustainable tourism. He added that community organistions woud play a key role in the drive for the development of grassroot economy.

Source: http://englishnews.thaipbs.or.th/30-private-and-state-agencies-join-hands-to-drive-grassroot-economy

-- Thai PBS 2016-01-14

[wabothai]

Complete non-understandable language. After trying to read the article 3 times I said f..... it.

[Enoon]

Complete non-understandable language. After trying to read the article 3 times I said f..... it.

It looks like Its one of these: Private finance initiative - Wikipedia, the free encycloped

Which have a tendency to do this:

Crippling PFI deals leave Britain £222bn in debt | Loans ...

www.independent.co.uk › Money › Loans & Credit

11 Apr 2015 - Crippling PFI deals leave Britain £222bn in debt. Exclusive: Treasury data analysis unearths the 'enormous financial disaster' of Private ...

Example:

A BBC Radio 4 investigation into PFI noted the case of Balmoral High School in Northern Ireland which cost £17m to build in 2002. In 2007 the decision was made to close the school because of lack of pupils. But the PFI contract is due to run for another 20 years, so the taxpayer will be paying millions of pounds for an unused facility

Simple description:

A large Thai company, let's say a supermarket chain, creates an "Irrigation Division". The government contracts them to take over water Infrastructure development and management in a province or provinces. The company names its price.....and get its from its friends in the government.

What could possibly go wrong?

[Srikcir]

"Commerce Ministry will try to secure markets for farm products"

If that wasn't his job previously, what has he been doing for the last 18 months?

Farm products account for 40% of the domestic GDP. Deputy PM for Econmic Affairs Somkid needs to give him a swift kick in the posterior.