Thailand launches effort to boost "creative economy"

20:57, January 17, 2011      

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Thailand on Monday launched an effort to boost up its "creative economy"sector with an ambition of becoming a"creative industrial hub"in Southeast Asia.

Deputy Commerce Minister Alongkorn Ponlaboot said the Thai government planned to spend 20 billion baht (667 million U.S. dollars) to raise contributions of creative economy to the country 's gross domestic product to 20 percent in 2012 from 12 percent in 2010.

The country also wanted to become a creative industrial hub of the 10-member Association of Southeast Asian Nations (ASEAN), to which Thailand is a member.

Alongkorn on Monday inaugurated the first national seminar to build up public understanding on the project with about 700 people, mainly from the private sector, attending the meeting in a Bangkok hotel.

He said that the government will organize eight more such seminars in different provinces across the country in its effort to draw people from all walks of life into the scheme.

"This will create a wave of real change into creative economy, " Alongkorn said at the seminar.

Pajchima Tanasanti, director general of the Commerce Ministry's Intellectual Property Department, told the seminar that altogether about 6,300 people will attend the nine seminars and the government hoped that these participants will help spread the knowledge they will learn to other people.

Creative economy is a sector of the economy which adds value into manufacturing and services with creativity and intellectual property. In the case of Thailand, it also makes use of its culture and social wisdom with the help of technology and innovation.

Alongkorn said the National Economic and Social Development Board (NESDB), the government's economic and social think-tank, has singled out 15 industrial groups as targets of its attempt to build up creative economy.

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