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    Thammsat University Signs MoU to Develop Local Enterprises and Economic Groups

    Thailand Institute of Scientific and Technological Research (TISTR), Puenchumchon Community, and Thammasat Business School, Thammasat University (TU) have signed an MOU to develop local enterprise and economic groups in the area around Maptaphut complex and build Eco Industrial Town in Rayong according to the Thammasat Model.

    Mrs. Chutima Iamchotichawalit, Director of TISTR, says that TISTR agrees to support the project by sending skilled researchers to the area. Researchers will give students and local enterprises advice on how to use science, technology, and innovation knowledge to enhance product quality and services. We will educate 9 local enterprises in Maptaphut complex and 4 local enterprises outside Maptaphut complex, which are local enterprises in Ban Khai District, Rayong, Chonburi, and Chachoengsao under the supervision of Government Savings Bank and Bang Pakong power plant, in total 13 groups.

    “TISTR researchers are experienced and specialized in developing products of local enterprises through various governmental projects. Therefore, we agree to be a part of this project which is compiled with the government’s “Policy of Pracha-Rath Power” and youth-graduate volunteers according to the Ministry of Higher Education’s policy. It is a collaboration of all sectors, including youth, citizen, government, and private sector to develop Rayong province to have wealth distribution, job creation, and sustainable self-reliance.”

    It also supports TISTR’s vision to develop a shared production service center which is an educational center in various regions. The center will be well-equipped with production tools and equipment. We will also unite activities with regional organizations as well.

    Mr.Varit Namwong, Head of the Puenchumchon Community, says that currently, Puenchumchon-Thammasat Model project is the fifth generation since 2016. We use the knowledge of TBS students and TISTR researchers to educate people in the community about science, technology, and innovation. This knowledge will develop local product and local wisdom creating local product innovation.

    “Students will work with local enterprises for 4 months in order to learn the local problem. They will use the knowledge in the classroom to solve the problem of the community. Students will find a market for local products and develop the product. They will also systemize product stock and help the community to sustain themselves sustainably. The project gets a supporting budget from Puenchumchon community. Therefore, the hardest part is to persuade the community to see the benefit of these changes and allow us to complete the project. The community will not go back to the same loop of business pattern which is the main problem of most local enterprises in the country.”

    All in all, the performance of Puenchumchon-Thammasat Model project also includes the connection between industrial entrepreneurs and other parties that will be “a mentor” for local enterprise by students and TISTR researchers. The main objective is to increase management potential, improve products and services, boost income in order to enhance trading competence in Rayong local enterprises to be international standards. We will also encourage the development of Eco Industrial Town in Rayong in the long run.

    Thammasat Business School, Thammasat University, supports students to have the practice to enhance management potential, improve goods and services in order to increase trading competence in local enterprise and economic groups in the Maptaphut complex. We will enhance the strong and sustainable development of goods and services. We receive a budget from the Puenchumchon community for student’s practical practice. We will encourage the integration of local wisdom to build local innovation with science and technology. It will increase income and sustainably develop a strong economic system.

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