TOKYO (NNT) – The government’s investment roadshow in Japan went well on the first day, with Mitsubishi Motors Corporation affirming its intention to expand its investment in Thailand.

The Industry Minister, Suriya Juangroongruangkit, had a discussion with the Chief Executive Officer (CEO) of Mitsubishi Motors, Osamu Masuko, on investment opportunities in Thailand. Mr. Suriya said the CEO had confirmed that Mitsubishi Motors will expand its investment in Thailand due to the country’s readiness in all respects and low operating costs as well as its status as the regional transportation hub.

“The company’s CEO affirmed that it will continue investing in Thailand, even though it was invited to invest in other ASEAN countries. The company’s CEO said Thailand is more ready than other countries and has low operating costs. There are also many engineers and business experts. They want Thailand to support them. For instance, they now want personnel with expertise in engineering. Currently, Thailand has a training center in this field.”

Mitsubishi Motors plans to invest in electric vehicle (EV) production in Thailand and aims to make the country the EV production center of the region. With an investment budget of 20 billion baht, seven billion baht will be invested in improving manufacturing plants and production lines. The remaining 13 billion baht will be invested in producing plug-in hybrid electric vehicles (PHEVs), hybrid electric vehicles (HEVs) and battery electric vehicles (BEVs). The 3.13-billion-baht PHEV project has been endorsed by the Board of Investment (BOI), and production will start in 2021. The HEV and BEV projects will commence in 2024.

The Industry Minister and his officials also visited Mitsubishi Motors’ technology exhibition, featuring future EVs. The exhibition officially opened in July this year. Innovative vehicles designed by the company are on display at the exhibition.

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A total of a million people have registered to join the government’s Chim-Shop-Chai (Taste-Shop-Spend) program, under which each of them will receive a 1,000 baht giveaway to be spent between September 27^th and November 30^th, on the first day.

The Chim-Shop-Chai program is aimed at promoting domestic tourism.

The third day of registration for allowances in the Chim Shop Chai campaign today, began at midnight on www.ชิมช้อปใช้.com, after which all 1 million of the daily quota were taken by 6:18 this morning.

10 million persons will be able to register themselves to receive a 1,000 baht allowance each in the government’s electronic money mobile application. The allowance can be used for eligible purchases from 26th September following an application update.

The registration quota is limited to a million persons daily. Once registered, an SMS is sent to applicants who are required to confirm their identity within three days.

An eligible person in this campaign must be a Thai citizen holding a valid ID card, be 18 years old or more, and have an eligible smartphone able to install the app. The registration period will end on 15th November 2019, or when the 10 million total quota is reached.

The registration yesterday, which was the second day of the registration period, had its 1 million persons daily quota reached at 8:11 a.m.

The government has set a target of ten million registered people as part of the economic stimulus package expected to drive the economic growth rate to 3.6% this year.

Once a person has registered via the website of the Tourism Authority of Thailand, he or she will get a text…

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BANGKOK (NNT) – The Ministry of Industry, the Industrial Estate Authority of Thailand, the Water and Environment Institute for Sustainability, and the Federation of Thai Industries have held the Eco Innovation Forum 2019, on the theme ’ The Economy: Way to a Smart and Sustainable Eco Industrial Town,’ raising awareness in the industrial sector of the circular economy concept in eco industrial town development to maximize efficiency in resource consumption.

Exhibitions on eco industrial town development were held in the forum by government agencies, entrepreneurs, and educational institutions. Some 200 Eco Factory awards were given to winning industrial estates and factories.

An Advisor to the Minister of Industry, Theerayut Wanitchang said the Ministry of Industry has clear goals to encourage OTOP entrepreneurs and SMEs to adopt the Bio Economy, Circular Economy, and Green Economy or BCG Model in their operations.

The Ministry of Industry and the Federation of Thai Industries have signed an agreement on the Factory 4.0 industry development model through the BLISS Project aimed at promoting the Circular Economy concept maximizing added value from limited resources, by designing products that encourage recycling, promote innovations and help efficiently reduce resource and energy consumption in an environmentally friendly manner.

The eco industrial city project was piloted in Ban Chang, Rayong, to support future industrial development in the Eastern Economic Corridor, and to promote proper electronic waste processing.

The Ministry of Industry is expected to turn all industrial estates in Thailand into eco industrial cities fully engaged in the Circular Economy by 2021.

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