All 5,664 business operators, including about 3,000 SMEs in 34 provinces, registered to seek help from the government’s post-flood rehabilitation project. About Bt148 million was set aside to run the project from March to July.
The Department of Industrial Promotion was assigned to work with educational institutions, advising companies, and financial institutions to provide help to these flood-affected operators in the first phase including inspection and machinery repairs.
The project now is proceeding to in-depth rehabilitation to look into all business administration system from production to marketing processes to be prepared for risk factors and more competition ahead of the establishment of the Asean Economic Community (AEC) in 2015.
About 1,000 operators are subject to undergo these rehabilitation procedures. So far, 40 per cent have been completed and the programme will be finished by this July.
The industry Ministry planned to increase the number of advisors to support more than two million SMEs and to set up centres in neighbouring countries to conduct marketing studies there.
The ministry policy is to develop Thai industry at all levels, particularly SMEs. In the short term, Thai SMEs are facing risks such as higher production costs as labour, transportation, raw materials and rising energy costs. Thai operators must be well prepared to handle any obstacles to run their businesses strongly and solidly, the minister said.