Thailand Textile Industry Calls For The Establishment Of ASEAN's Internal Supply Chain

Textile companies in Thailand Appeal The textile industry should strengthen cooperation with ASEAN neighbors, develop a strong supply chain, and enhance the export competitiveness of Thailand textiles. Only in this way can textile enterprises achieve long-term development. target 。

Gesi, executive chairman of Bangkok bank, said that the minimum daily wage in Thailand will increase to 300 baht (1 US dollars or 31 baht) next year, which is likely to push up the production of Kosit and weaken the competitiveness of textile enterprises. Therefore, Thailand entrepreneurs should seek alliances with ASEAN partners to improve the supply chain.

Virat, executive director of Thailand Textile Bureau, said (Virat) Asia The growth of demand in other neighboring markets will increase Thailand's textile and clothing exports by 17% this year, and orders from ASEAN countries will exceed US $2 billion 400 million. Virat predicts that ASEAN and Asian markets will replace the US and European markets by 2016, because the downturn will weaken the purchasing power of the two traditional markets.

According to statistics, in the first 7 months of this year, the total export volume of textiles in Thailand amounted to 4 billion 980 million. dollar An increase of 19% over the same period last year. At present, Thailand textile industry employs 1 million workers.