The Office of Industrial Economics yesterday unveiled its 2010 action plan, which includes an early-warning system to strengthen the competitiveness of small- and medium-sized manufacturers.
Director-general Arthit Wuthikaro said the OIE would allocate Bt435.2 million todeveloping the early-warning system, which would help manufacturers adjust their business plans two months in advance.
"Our small- and medium-sized manufacturers have been seriously hurt by the economic crisis, because they lacked information that could have allowed them to adjust their business plans in time. This will help them weather future crises better," he said.
The early-warning system will be implemented in seven industries: food, autos, textiles, electrical appliances and electronics, steel and other metals, plastics and machinery.
The OIE will also draw up a road map for making the industrial sector competitive in the global market. It will include a plan to develop the Kingdom's mass transit and supporting industries, he said.
"In the first step, we'll study possible alternatives and investment opportunities for developing mass transit in Thailand. Next we'll promote business networks between local parts-makers and foreign mass-transit developers, which will sustain local manufacturers in the long term," he said.
Next year, the OIE plans to spend Bt249.7 million to continue improving manufacturers' productivity.
In collaboration with nine institutes and research centres, the money will be used to create 18,455 skilled labourers and reduce production costs at 652 factories.
The OIE will spend Bt78 million on "intelligent property" projects, which will include creation of seven new innovations in the coming year, Arthit said.
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