B3bn proposal to be floated to growers | Bangkok Post: business

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Rubber producers eye own tyre factory

B3bn proposal to be floated to growers

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The Rubber Growers Cooperative Federation of Thailand has plans to involved rubber planters in establishing a tyre factory in Thailand, with an estimated investment of three billion baht. 

Federation chairman Perk Lertwangpong said the project opened up an investment opportunity for all rubber farmers and would be a boost for local business. Most rubber is grown in the South.

He described the proposal as a "significant strategy" for rubber growers to assist each other, instead of relying on others.

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