Apart from setting up warehouses in Myanmar, PWO also plans to join hands with the country to promote the cultivation of soybean because Thailand still needs to import more than 2 million tonnes of soybean and 2 million tonnes of soybean meal for animal feed.
In another business plan, the PWO will build new cold storage warehouses on its unused plot in Bangkok’s Rat Burana district.
Once it gets a licence for operating cold storage warehouses, it will build new warehouses with a storage capacity of 50,000 tonnes. This project, Kriangsak said, should help PWO turn a profit for the first time and even generate revenue for investment in other projects.
PWO is also planning to build a large rice warehouse on the Treasury Department’s 22-rai plot in Lopburi. This warehouse will have both a rice mill and flour mill so farmers can sell both rice flour and polished rice.
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