The top policy makers in Thailand wants the country to become the top bio economy of Southeast Asia. The working group would soon announce a new plan to grow sectors like bio-pharmaceuticals, bio-plastics and bio-chemicals, to steer the country towards becoming the Bio Hub for region by 2027.
The draft plan would be divided into different implementation phases. Industrial zones would be set aside in Ban Mi, Lopburi, to pilot an industrial hub project for attracting investments and industry players. The current plan is focus on advance technology and innovations in the area of agricultural products and renewable energy products.
Additionally, the plan would also encourage the new agriculture and biotech industry to synergise with the existing agriculture sector in Ban Mi.
The new plan would be part of the Thailand government’s plan for the country to phase into the Bio-Circular-Green economy and would be jointly considered with their urban masterplan.
The working group is currently working on the details of the plan which they expected to be approved by the Cabinet by March 2022.
Terra Link Research 