» Thai green industries help power over 1,200 factories in six months

Thai green industries help power over 1,200 factories in six months

Thailand is flexing its manufacturing muscles as businesses in the Kingdom invested in building or expanding over 1,200 factories during the first half of fiscal 2023, with a significant percentage of them in green or advanced industries.

The new production plants are creating over 30,000 new jobs as Thailand’s rock-solid recovery from the pandemic recession continues to gain strength.

Minister of Industry Minister Anucha Nakasai attributed the strong performance to the administration’s policies designed to steer funds to promising new sectors of the economy that are more high-technology, sustainable or green. One of the new economic stars is the bioplastics sector.

“The…