Commerce Ministry and Nestlé Discuss Food Research and Technology in Thailand

Thansettakij•Economy•1d ago

Reader Briefing

The Ministry of Commerce, led by Wuttigrai, is collaborating with Nestlé to enhance food research, development, and technology utilization in Thailand, leveraging the country's agricultural strengths.

•The Ministry of Commerce, represented by Wuttigrai, is partnering with Nestlé.
•The collaboration aims to advance food research, development, and technology in Thailand.
•Nestlé views Thailand as a strategic production base and supply chain hub for food and beverages in the region.
•The partnership will focus on innovation, knowledge exchange, and supporting Thai farmers and entrepreneurs.

Overview

•Nestlé has been a strategic trading partner in Thailand for over 133 years, utilizing Thai agricultural products and serving as a production base for export.
•Thailand's strengths in agricultural raw materials, production quality, and biodiversity are key factors in the collaboration.
•The Ministry of Commerce and Nestlé are discussing cooperation in food innovation, research and development, and knowledge and technology transfer.
•Nestlé expressed interest in expanding investment and innovation cooperation in Thailand, recognizing its potential as a regional production hub.
•Both parties are exploring ways to promote cooperation in developing the potential of Thai farmers and entrepreneurs through knowledge exchange in intellectual property management.
•The Ministry of Commerce will facilitate the connection between Nestlé's research needs and leading Thai research institutions and universities.
•The collaboration aims to develop high-value food innovations by applying global food science to local ingredients and diverse Thai resources.
•There will be efforts to add value and elevate Thai agricultural products and key economic crops to sustainable international standards.

Full article content is available on the original source.

Read on Thansettakij (Thai Version)View in Google Translate

Source: Thansettakij (Original)

Key Quotes

Wuttigrai

"Nestlé is a key strategic trading partner for Thailand, having continuously engaged in employment, trade, and investment in Thailand for over 133 years."

บริษัท Nestlé ถือเป็นหนึ่งในพันธมิตรทางยุทธศาสตร์ด้านการค้าที่สำคัญของไทย เนื่องจากมีการจ้างงาน และการค้าการลงทุนในไทยมาอย่างต่อเนื่องยาวนานกว่า 133 ปี

Key Entities

Person

Wuttigrai(วุฒิไกร)

An official from the Ministry of Commerce leading discussions with Nestlé.

Organization

Nestléℹ️

A global food and beverage manufacturer discussing research and development cooperation with the Thai Ministry of Commerce.

Ministry of Commerce(กระทรวงพาณิชย์)

The Thai government body engaged in discussions to enhance food research and technology with Nestlé.

Place

Thailand(ไทย)ℹ️

The country where Nestlé has a long-standing business presence and where future collaboration on food innovation will take place.