WEDNESDAY, April 24, 2024
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Rubber sector plan approved

Rubber sector plan approved

The cabinet yesterday (December 3) approved the 20-year rubber sector strategy (2016-2036), which is designed to boost both the farmers’ incomes and the yield per rai.

The strategy was proposed by the Rubber Authority of Thailand.
The five goals the strategy aims to achieve by 2036 include the reduction of the area used for rubber plantations nationwide area to 18.4 million rai from 23.3 million rai in 2016.
The yield per rai will be boosted to 360 kg/rai from an average of 224 kg/rai in 2016, while farmers’ income should go up to Bt19,800 per rai from Bt11,984 per rai in 2016.
The rubber export value will increase to Bt800 billion per year from Bt250 billion per year in 2016.
The fifth goal is to raise the local use of rubber to 35 per cent from 13.6 per cent in 2016.
The government’s deputy spokeswoman Rachada Dhnadirek said that in the past four months the Deputy Prime Minister and Commerce Minister Jurin Laksanawisit had witnessed the signing of sales of Thai rubber to foreign buyers worth Bt34 billion as part of the international roadshow.

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