FTI eyes Sinopharm vaccines

The Federation of Thai Industries (FTI) is in talks with Chulabhorn Royal Academy to conclude a purchase deal for Chinese-made Sinopharm vaccines aimed at improving confidence in the manufacturing sector after the Thailand Industry Sentiment Index (TISI) sank for two straight months during the third wave.

The FTI said earlier it wanted to buy 300,000 doses from the academy, but it needs to be certain of the exact demand among members of the FTI.

Supant Mongkolsuthree, chairman of FTI, said it is conducting a final survey among 10,000 member firms to find out how many of them want to buy Sinopharm vaccines for their staff.

“If our members want to buy, FTI will arrange the vaccines for them, but if they don’t want to, we will give back money to them,” he said.

The FTI and Chulabhorn Royal Academy are negotiating the final volume and price of Sinopharm vaccines.

Each…