|
Agricultural
Credit. The main concern of economic and social development has
been to make additional short-and long-term credit funds available
of farmers. There are two sources of institutional credit for
agriculture: the publicly-owned BAAC and the commercial banks.
Expansion of agricultural credit in the past few years has
increased substantially. Increased agricultural lending has
resulted fro the Bank of Thailand's provision that 20 percent of
total commercial bank deposits (up from five percent in 1975) be
lent to farmers directly or through the BAAC. In addition, two
percent of the total is to be lent to the agribusiness sector.
Industrial
finance. One means of promoting industrial activity is to direct
funds to further economic development. At present, major secondary
cities in Thailand are adequately served by private banks. Up to
1975, 60 percent of the deposits made in the provinces were being
channeled back to Bangkok, a situation which necessitated
government guidelines requiring that at least 60 percent of the
deposits be lent locally. Priorities of the Industrial Finance
Corporation are to support industries which significantly increase
the value-added worth of a commodity, generate employment, use
domestic raw materials, produce export products, or locate their
factories outside of Bangkok.
Industrial
services. The technical assistance and training services provided
by the Department of Industrial Promotion (DIP) serve to promote
industrial development. DIP also has five regional centres in
Chiang Mai, Khon Kaen, Songkhla, Chon Buri and Suphan Buri. The
training and advisory services offered coverall aspects of
industrial management, investment and joint-venture, industrial
technology and industrial design.
If
you want to read some interesting topics, select the following
information : |
