National Industrial Development Committee Supports Defense Industry

Thairath•Economy•46m ago

Reader Briefing

The National Industrial Development Committee has approved principles to develop the defense industry to reduce foreign reliance.

•The National Industrial Development Committee approved principles for defense industry development.
•The Ministry of Industry will serve as the main agency coordinating the drive.
•The plan targets four groups: combat/support vehicles, drones and agricultural machinery-related industry, combat/support ships, and guns and ammunition.
•The initiative aims to reduce imports by at least 20% and increase exports by 10%.

•The National Industrial Development Committee approved principles for developing the defense industry.
•An action plan will be prepared for submission to the Cabinet to increase production capacity and reduce foreign reliance.
•Varawut Silpa-archa detailed four measures: creating a certified product list, promoting 'Thai First' procurement, establishing a One Stop Service center for testing and certification, and providing funding alongside regulation adjustments for export.
•The target industries cover combat and support vehicles, drones and related agricultural machinery, combat and support ships, and guns and ammunition.
•Pasakorn Chairat estimated that achieving targets would reduce imports by at least 20%, saving 6,749 million baht per year.
•Pasakorn Chairat estimated a 10% increase in exports, valued at 2,873 million baht.
•The total estimated economic benefit is 9,623 million baht per year.
•The success of 'Thai First' depends on product quality, standards, and competitive costs.

Full article content is available on the original source.

National Industrial Development Committee(คณะกรรมการพัฒนาอุตสาหกรรมแห่งชาติ)

The committee that approved the principles for defense industry development.

Cabinet(คณะรัฐมนตรี)

The body to which the defense industry action plan will be submitted.

Ministry of Industry(กระทรวงอุตสาหกรรม)ℹ️

The main agency coordinating the driving of the defense industry plan.

Suphajee Suthamphan(ศุภจี สุธรรมพันธุ์)

Deputy Prime Minister, Minister of Commerce, and Chair of the National Industrial Development Committee.

Varawut Silpa-archa(วราวุธ ศิลปอาชา)ℹ️

Minister of Industry who detailed the four measures of the driving plan.

Pasakorn Chairat(ภาสกร ชัยรัตน์)

Permanent Secretary of the Ministry of Industry who provided economic benefit estimates.

Thai First

A policy to promote the procurement of Thai goods.