8th anniversary of RAOT promotes the concept of “Tracing the Journey”

8th anniversary of RAOT, highlighting the concept of "Tracing the Journey", focusing on policies to push tires according to environmental standards. for a sustainable future

Today (July 15, 2023) the Rubber Authority of Thailand (RAOT) organizes activities on the 8th anniversary of the foundation under the concept of "Tracing the journey" with Mr. Kaweechat Silpapipat, Chairman of the Board. RAOT presided over the ceremony and Mr. Nakorn Trapawiraphat, RAOT Governor, Mr. Khajornjak Nuanpromsakul, Deputy Governor for Administration along with the management and staff attend a monk ceremony along with paying homage to sacred things and a statue of Phraya Ratsadanu Pradit Mahisorn Phakdi For the prosperity of the organization and personnel at RAOT Headquarters, raising the goal of pushing tires according to environmental standards for a sustainable future

Mr. Nakorn said that RAOT has set important strategies in 2024 to provide clear operational guidelines. for driving Thai rubber Focus on enhancing the competitiveness of Thai rubber by developing standards for the production of rubber and rubber products as well as the management of the Thai rubber information system To support the traceability process of rubber production. (Traceability) that gives importance to the source of the product that must come from the area that does not encroach on the forest, which is in line with the trend of saving the world. And the importance of the environment of the country's rubber users in many countries. Therefore, it is a good opportunity to build confidence among trading partners. Along with pushing for products in the rubber group to meet environmental standards driving the bioeconomy circular economy and green economy Including generating income for farmers in another way through the carbon credit management project.

In addition, RAOT has set operational goals aiming at developing the potential of farmers with the Smart Farmer project that is in line with the implementation of RAOT's R3I measure, namely Reduce Cost (reducing production costs), Increase Yield (increasing production). Increase Income (increase income) and Increase Value (increase product value) along with upgrading the foundation with the BCG Model, an economic model for sustainable development. Support technology and innovation in rubber plantations

Mr. Nakorn added that In the past year, RAOT has operated under the "Rubber Drive for a Sustainable Future" focuses on creating a career foundation for farmers to support sustainable rubber plantation. To reduce risks, increase income by promoting joint planting / intercropping / animal husbandry. Ready to move forward with the rubber farmer's income insurance program which has paid more than 38,000 million baht for the rubber price difference, as well as helping to maintain rubber price stability with the Rubber Farmers Institute's rubber sales slowdown program Providing welfare to rubber farmers

continually This includes group accident insurance. which has already paid more than 1,800 million baht in compensation and is also working to promote rubber plantation in large plots to reduce production costs for farmers as well as solving land rights problems for rubber farmers to benefit in the long run

In addition, RAOT also provides opportunities for farmers institutions and rubber entrepreneurs to access funding sources. by supporting credit loans to enhance business liquidity as well as providing free subsidies totaling more than 960 million baht. Organizational Development: RAOT aims to develop into a digital organization. By bringing modern technology to adapt to the operation for maximum efficiency. Ready to invent, research, innovation in commercial rubber. To develop rubber to be sustainable according to the needs of rubber users.

"The commitment of RAOT to develop the whole rubber system taking into account the economy, society and the environment ready to improve the quality of life Strengthen farmers and rubber entrepreneurs across the country. Ready to join hands to walk towards sustainable goals, ”said the governor of RAOT at the end.

for policies and guidelines to drive Including outstanding works of RAOT, collected in the form of an online exhibition: 8th RAOT “Tracing the Journey” Those who are interested can visit through RAOT's website www.raot.co.th. From today onwards. – Thai News Agency

Source: Thai News Agency