Illustrative image (Photo: Bangkok Post) Bangkok (VNA) - The Cabinet of Thailand has approved an action planfor food processing industry development for 2019-27 and a supporting budget of6.6 billion baht (203 million USD) with a hope of turning the Southeast Asiannation a processed food hub in the region.
According to Rachada Dhanadirek, the government spokeswoman, the goal is to upgradethe processing of targeted food such as rice, fishery products, vegetable andfruits, livestock and biofood as well as beef up food packaging and digitaltechnology to support innovative food.
The plan also centres on developing innovative food to commercial scale; fooddevelopment and smart packaging development.
The Thai government is also committed to assisting all levels of entrepreneursto access local and global markets by using existing digital platforms;developing local economy and infrastructure to support entrepreneurs and foodtourism as well as upgrading Thai food to achieve world-class standard.
With the action plant, Thailand hopes to become a processed food centre inASEAN and one of the top 10 food exporters to the global market by 2027.
According to the spokeswoman, the Thai government plans to allocate 6.6 billionbaht in nine years, with the private sector likely to contribute an estimated2.22 billion baht.
The government will also establish a national committee to supervise foodprocessing development to ensure that it aligns with the action plan.
The government aims the food industry to generate 1.42 trillion baht (43.8billion USD) worth of income by 2027, with related food industries such aspackaging contributing 4.5 trillion baht (138.74 billion USD) and investmentworth 48 billion baht (1.47 billion USD) a year.
Thailand is currently the 11th-largest food exporter in the world market, withfood shipments generating 33.1 billion USD in 2019, up 3 percent from 2018./.
According to Rachada Dhanadirek, the government spokeswoman, the goal is to upgradethe processing of targeted food such as rice, fishery products, vegetable andfruits, livestock and biofood as well as beef up food packaging and digitaltechnology to support innovative food.
The plan also centres on developing innovative food to commercial scale; fooddevelopment and smart packaging development.
The Thai government is also committed to assisting all levels of entrepreneursto access local and global markets by using existing digital platforms;developing local economy and infrastructure to support entrepreneurs and foodtourism as well as upgrading Thai food to achieve world-class standard.
With the action plant, Thailand hopes to become a processed food centre inASEAN and one of the top 10 food exporters to the global market by 2027.
According to the spokeswoman, the Thai government plans to allocate 6.6 billionbaht in nine years, with the private sector likely to contribute an estimated2.22 billion baht.
The government will also establish a national committee to supervise foodprocessing development to ensure that it aligns with the action plan.
The government aims the food industry to generate 1.42 trillion baht (43.8billion USD) worth of income by 2027, with related food industries such aspackaging contributing 4.5 trillion baht (138.74 billion USD) and investmentworth 48 billion baht (1.47 billion USD) a year.
Thailand is currently the 11th-largest food exporter in the world market, withfood shipments generating 33.1 billion USD in 2019, up 3 percent from 2018./.
VNA
