DIW aims to boost SMEs with registered

It expects the total machinery value to be more than Bt80 billion.
The department has joined forces with the Office of Small and Medium Enterprises Promotion to inject a yearly budget of Bt15 million over the next three years to provide SMEs with more working capital and capability by converting machinery into capital.
The move aims to boost SME investment and stimulate the economy.
Pasu Loharjun, director-general of the DIW, said that as of May there were 508 factory operators with 3,353 machines registered worth Bt34 billion.
A year earlier, there were 470 operators with 2,085 registered machines. From 1972 to now, 57,595 factory operators registered 800,528 machines worth Bt68 trillion.
Pasu said the economy was expected to improve this year and lead to business expansions.
From January to May, 113 operators registered 354 machines for metal-made products (the most registered) followed by 53 operators registering 317 plastic-product machines. Twenty-eight operators related to the grinding, milling or grinding of seeds and tubers and the burning of coconut shells for charcoal and charcoal grinding registered 259 machines.
Fifty-three operators in the publishing group registered 104 machines, and 33 in the non-metal-product group registered 56 machines.
Under the three-year campaign to spur SME investment and boost the economy, the DIW aims to convert machines to capital for 500 operators per year and have 1,000 operators upgrade machinery per year. The project aims to promote SMEs’ competitiveness, create more working capital for them, increase their production efficiency, reduce their energy and environmental costs, and support innovation.