PUBLISHED: 29 Jun 2024 at 05: 00
The Defense Ministry wants to make the Bangkok Dock Company, a express corporation, a leader in the construction of boats for the military.
Minister Sutin Klungsang addressed the business yesterday, stating that it has a long history of manufacturing and deliver repair, which have been demonstrated by its dedication to the navy, additional security agencies, as well as the private field.
He added that this company supports the military’s goal of upholding maritime security and national independence.
The maritime shipbuilding division of the company is important to the defense sector, Mr. Sutin said, and it supports government initiatives that promote the defense sector as one of its specific target industries.
The plan is even in line with the government’s 20- time national plan on national surveillance and enhancing competitiveness, he said.
Mr. Sutin urged the business to carry on its capabilities and establish a business plan that is compliant with the world’s current circumstances and conflicts to ensure it does remain independent and responsible.
He advised the business to be prepared for more work because the army is anticipated to demand more of its services in the near future.
However, company representatives told him that they have been dealing with a number of difficulties, particularly in terms of a lack of competition and economic issues, and that the company’s expenses have outweighed its revenues.
They demanded that the government take supervision actions to improve its position in the private sector.
The chancellor argued that bolstering the business was crucial in a number of ways.
Despite the agency’s cash issues, he said he believed this would not affect the military industry’s policy.
The government will also help the private sector, he added, while more work will be made to make sure the company may compete with private companies.