Bt400bn of state procurement budget wanted for SMEs
The Office of Small and Medium Enterprise Promotion (OSMEP) will push for SMEs nationwide to get Bt400 billion of the total Bt1.3 trillion annual state spending on procurement of products and services next year.
The office board approved the target on Monday, said OSMEP director-general Veerapong Malai.
The state agency will also urge at least 100,000 SMEs to register with the Comptroller General's Department, up from its current of around 1,000.
Revenue of SMEs currently accounts for 35 per cent of GDP – close to the pre-pandemic level.
