Thai rubber industry must be revamped, says Prime Minister

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The Prime Minister of Thailand says the issue of pricing must be solved within the entire rubber manufacturing industry and is set to declare to the cabinet a budget to be used to help deal with this issue.

The Prime Minister Gen Prayut Chan-o-cha stated before chairing the National Water Resources Committee meeting today, that the low price issue requires an integrated effort that addresses issues from the purchase of fresh rubber to processing.

He said ministries should allocate their budget to make purchase of rubber products to increase domestic rubber consumption, and he will declare in the Cabinet meeting tomorrow regarding the guidelines to solve the issue along with the disbursement.

He stressed that any solution to the issues must me made in balance with proper management to ensure a smooth process.

The National Water Resources Committee meeting today will acknowledge the current water situation in 4 major dams, the water supply strategy for drought affected areas, and the water management plan for 1 year and 6 months periods.

SOURCE: National News Bureau of Thailand (NNT).

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