Industry Ministry seeks Bt16 bn from Govt

By The Nation

Industry Minister Charnchai Chairungrueng yesterday said after the first meeting of 'War Room' committee between representatives from private and governmental sectors that it expected to ask for the Bt16.38-billion budget to stimulate spending and sustain employment.

The war room is a centre of co-ordinating among state agencies to restore the investors' confidence.

With the budget, he said, it expects investment applications for Board of Investment (BoI) privileges to rise to Bt1.25 trillion within three years.

While at least 546,000 jobs will be saved, the fund would also be used to support 130,000 small-to-medium sized enterprises (SMEs) to improve their businesses and inject liquidity to 50,000 enterprises. It will help no more than 45,000 fresh graduates to start their own businesses.

"Totally, this amount should create circulation of more than Bt300 billion," he said.

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Industry Ministry seeks Bt16 bn from Govt

Industry Minister Charnchai Chairungrueng yesterday said after the first meeting of 'War Room' committee between representatives from private and governmental sectors that it expected to ask for the Bt16.38-billion budget to stimulate spending and sustain employment.

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