Thai rubber industry draws interest from Chinese investors

August 25th, 2008 - 10:28 am ICT by Amrit Rashmisrisethi  

Following his trip to a visit in a Para rubber plantation in Hainan, China, the Chairman of the Para Rubber Council of Thailand, Mr. Uthai Sonlaksup (อุทัย สอนหลักทรัพย์), has met with representatives from Chinese Government and local Para rubber entrepreneurs. Mr Uthai said that Chinese investors have shown interests in processed Para rubber industry in Thailand. They called for the Thai government to seek an ideal site for the processed Para rubber factory and the investors would return to observe the site in September 2008.

According Mr. Uthai, Chinese business people reasoned that liquid Para rubber from its trees in Hainan was not adequate for production process in the factories in China. In this connection, Mr. Uthai said both liquid Para rubber and pieces of dried Para rubber have become a high demand in the Chinese market. He said the matter will be proposed to the Government for further consideration.

Mr. Uthai further stated that Chinese investors expressed their confidence that Thailand would be able to supply Para rubbers to their factories.

Source : National News Bureau, Public Relations Department of Thailand

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