ID :
138623
Sat, 08/21/2010 - 11:07
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Commerce ministry targets boosting export growth by 10-15% next year

BANGKOK, Aug 21 – Thailand Ministry of Commerce has set a target to boost export growth by 10-15 per cent next year to ensure the country’s economy expands no less than 7 per cent.

Commerce Minister Porntiva Nakasai revealed during the occasion of the 90th anniversary of its the establishment, the ministry had adopted a constructive commercial policy to enhance Thailand’s competitiveness under which 10 strategies would be used to fulfill that goal.

They include environmentally friendly business performance, increase added value to goods and services, constructive economy-based business operations, logistics development, and a drive for border trade growth

A main objective is to prepare Thailand to join the ASEAN Economic Community in 2015.

The ministry is determined to drive economic growth of at least 7 per cent next year under the assumption that exports grow 10-15 per cent, the inflation rate stays at 3-3.5 per cent, an increase the value of farm products by 10 per cent and border trade by 10 per cent.

Also, it strongly intends to increase the value of the construction economy from 12 per cent to 20 per cent of the gross domestic product (GDP), she said. (MCOT online news)

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