“Phumtham” pushes EEC to create opportunities to drive Thai economy forward

"Phumtham" leads a group to visit the EEC area to follow up on readiness in developing personnel skills to increase confidence in attracting investors in advanced industries, creating opportunities to continuously drive the Thai economy forward. ?(7 August 2024) Mr. Phumtham Vejjayachai, Deputy Prime Minister and Minister of Commerce and his team, including Dr. Nathathai Thiwpaingam, Assistant to the Minister to the Prime Minister's Office, Mr. Yotsapol Venugosesa, Secretary-General of the Vocational Education Commission, along with executives from related agencies, traveled to Rayong and Chonburi provinces to follow up on important projects in accordance with government policy, especially measures to promote investment in the Eastern Economic Corridor (EEC) area, with Dr. Chula Sukmanop, Secretary-General of the Eastern Economic Corridor Policy Committee (EEC), joined in a briefing on the progress monitoring in the EEC area to assure investors of the readiness to prepare supporting factors and promote the investment ecosystem of the target industries, creating opportunities to drive the economy in a tangible and continuous manner. ?Deputy Prime Minister Phumtham and his team followed up on the progress of the human capital project based on the EEC Model concept at Rayong Technical College, a vocational education institution that supports production and develops personnel skills to support modern education management based on the 'Demand Driven' principle, upgrading and developing personnel skills, creating a workforce that meets the needs of the industrial sector, which is an important factor in promoting investment in the EEC area. The EEC has been driven in collaboration with educational institutions, government agencies, the private sector, and the industrial sector, with the goal of creating opportunities for Thai youth to graduate with jobs that match their abilities and sustainable good incomes. ?He also visited the RYTC Market organized by each department under the Vocational Education Entrepreneur In cubation Center to create young entrepreneurs who learn while creating careers and income during their studies and will develop into future careers. He also visited the innovation and technology works of Rayong Technical College students and opened a seminar forum on 'Human Capital Development according to the EEC Model' concept, which was attended by representatives from the vocational education sector, the private sector, the Provincial Industrial Council, and vocational students to jointly find ways to develop personnel skills and drive job creation to support investment in the EEC area. ?Deputy Prime Minister Phumtham said that the human capital project based on the EEC model concept is an important matter to support the development of personnel skills to support investment in target industries in the EEC area. Rayong Technical College is a model educational institution in Rayong Province that has opened a teaching branch for vocational students to develop their knowledge to become highly skilled personn el who will meet the investment needs of the target industries in the near future. This will guarantee job creation and create good opportunities for the new generation of youth. He assured that the development of the EEC from now on must be tangible and the government will continuously push for investment in new industries in the EEC area. For personnel development according to the EEC model concept, it consists of EEC Model Type A, which is a degree or vocational certificate (Vocational Certificate/Vocational Certificate) in which educational institutions collaborate with entrepreneurs to develop courses and personnel skills. Free study, employment, high income, private sector supports scholarships throughout the course. And EEC Model Type B is a short-term training to adjust - increase skills urgently. The government subsidizes no more than 50 percent, while the rest is the private sector's support. With a tax deduction of 2.5 times To encourage investors to promote personnel development By expanding the study results of the EEC model, the EEC and related agencies have supported the development of personnel in line with demand (Demand-driven) with a total of approximately 102,480 people, certifying up to 328 advanced science, technology and engineering training courses, driving the infrastructure for personnel development in the EEC area, supporting personnel development for 13 target industries (EEC Nets), such as the Automation and Robotics Industrial Center, the Aviation and Logistics Industrial Center, the New Gen Automotive Industrial Center (Electric Vehicles), etc. Source: Thai News Agency