Thailand revolutionises agriculture with nine policies

Thailand is gearing up for an agricultural revolution with nine bold policies aimed at transforming its farming sector into a global powerhouse.

Thailand’s Minister of Agriculture and Cooperatives, Thamanat Prompow, unveiled these game-changing strategies during a seminar geared towards positioning Thailand as a premier destination for agriculture and food. Backed by Prime Minister Srettha Thavisin’s visionary Ignite Thailand agenda, these policies aim to catapult Thailand into the forefront of global agriculture while tripling farmers’ incomes within four years.

Thamanat declared that these policies mark a decisive step towards realising Thailand’s ambition of becoming a global agricultural and food hub.

“Our goal is to triple the net income of our farmers by 2027.”

Thamanat emphasised Thailand’s geographical advantages and conducive climate for year-round agricultural production.

“From precision farming to advanced technology integration, and from soil testing to enhanced crop varieties through relentless research, Thailand is poised for agricultural excellence.”

Among the key policies outlined are land management reforms, digital agricultural transformation, and initiatives to promote soil fertility and water management. Additionally, the agenda includes efforts to boost high-value agricultural products, fortify agricultural institutions, and even promote agri-tourism, reported The Nation.

Thamanat concluded with a resounding call to action.

“To achieve our vision of Thailand as a global agricultural powerhouse, we must enhance production and market capabilities. The Ministry of Agriculture plays a pivotal role in driving agricultural products to new heights, ensuring prosperity for our farmers and stakeholders alike.”

In related news, Prachuap Khiri Khan’s Singkhon border crossing, a vital point of trade between Thailand and Myanmar, is set to become a permanent checkpoint, according to the Ministry of Agriculture and Cooperatives. The move is anticipated to enhance the transportation and trading of agricultural goods, including fisheries products.

In other news, the Bank for Agriculture and Agricultural Cooperatives (BAAC), a state-owned entity, outlined an ambitious plan to foster a new breed of technologically adept farmers. The bank intends to support 50,000 young, smart farmers over the next five years, offering low-interest loans that total 55 billion baht.