Cabinet has approved in principle a Finance Ministry proposal to set up a Bt10-billion fund to boost national competitiveness and new investment projects in 10 "future" industries targeted by the government.
These sectors were identified by the Industry Ministry and expected to be new engines for national economic growth. The industries consist of five sectors which will be upgraded technologically and five industrial clusters.
They cover next-generation cars; smart electronics; affluent, medical, and wellness tourism; agriculture and biotechnology; food; robotics for industry; logistics and aviation; biofuels; and biochemical, digital, and medical sectors.