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FTI ready to implement six strategies to get through COVID-19

FTI ready to implement six strategies to get through COVID-19

Supant Mongkolsuthree, who has been re-elected as chairman of the Federation of Thai Industries (FTI), until 2022, shared his vision of making small and medium-sized enterprises (SMEs) and the industrial sector more competitive in the international arena, while implementing strategies to help service organizations navigate through the coronavirus crisis.

The FTI chairman said the work is divided into six areas. The first is to set up an institute to improve the skills of workers in the industrial sector. Up-skill and re-skill courses will be developed for different industries. New skill courses will also be developed, with support from the education sector.

A center will be established to certify ’Made in Thailand’ products, and he will recommend that the FTI manage the product certification process. The center will support government procurement of Thai products and electronic commerce (e-commerce) development. It will connect business networks and supply chains and support business matching activities, in an effort to increase market opportunities domestically and abroad.

The FTI will cooperate with the government in setting up a fund to promote innovation in different industries, such in robotics and automation.

The federation will continue to improve production efficiency and add more value to products. The work will cover intelligent farming, logistics, energy, information technology (IT) and communications. A system for evaluating SMEs’ capabilities and information will also be developed.

Another area is to support the production of environmentally friendly products and services, while encouraging entrepreneurs to adopt good governance practices.

The FTI will provide financial and tax counseling services to entrepreneurs, while helping them with loan applications, accounting and trade activities. The federation is ready to work with the government closely, to help expedite the policy’s implementation.

 

Information and Source

Reporter : Praphorn Praphornkul

Rewriter : Rodney McNeil

National News Bureau & Public Relations : http://thainews.prd.go.th

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