Thailand sees positive logistics development trend

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More than 500 industrial firms in Thailand have improved their logistics capabilities, diminishing investment costs by Bt3 billion this year, a senior Industry Ministry official said last weekend.

Speaking at the Industrial Supply Chain Logistics Conference Nov. 14, Vithoon Simachokdee, permanent secretary for industry, said the five-year industrial logistics development plan (2012-2016) has been implemented to boost Thailand’s competitive edge.

He said the Primary Industries and Mines Department (PIMD) has concentrated on logistics development in seven industrial sectors – food, petrochemicals and plastics, electrical appliances and electronics, automobiles and auto parts, textiles and clothing, rubber and rubber products, and small and medium-sized enterprises.

This year’s logistics development through 30 state-initiated projects has improved the skills of at least 6,575 personnel and connected over 28 supply chains, said Vithoon.

He said the Industry Ministry was allocated Bt138.54 million to execute the supply chain development plan.

More than 93 percent of industrial operators have successfully launched their greening industrial projects at PIMD encouragement in the last seven years.