Business Daily Media

The Times Real Estate

.

World Economic Forum welcomes "SARABURI SANDBOX LOW CARBON CITY" a new member of Transitioning Industrial Clusters Initiative, accelerating Thailand’s green energy transition

BANGKOK, THAILAND - Media OutReach Newswire - 7 October 2024 - Thai Cement Manufacturers Association (TCMA) reveals another step forward of "SARABURI SANDBOX LOW CARBON CITY" to the World Economic Forum's global project, "Transitioning Industrial Clusters Initiative", marking the first industrial cluster in Thailand, the third in ASEAN, and the 21st worldwide to join this initiative.

This milestone underscores the bold collaborative action and TCMA's leadership in accelerating the energy transition contribute to the achievement of low carbon city.

Dr. Chana Poomee, Chairman of Thai Cement Manufacturers Association (TCMA)

Dr. Chana Poomee, Chairman of Thai Cement Manufacturers Association (TCMA), elaborated that the "SARABURI SANDBOX LOW CARBON CITY" initiative, launched on August 15, 2023, is driven by a public-private-people partnership (PPP) model. Led by the Governor of Saraburi Province, with support from TCMA, the Federation of Thai Industries-Saraburi Province, seven key ministries, in collaboration with more than 21 local agencies, and civil society, the project has made significant strides over the past year. It has also gained global recognition for its innovative ecosystem approach aimed at reducing carbon emissions.

"SARABURI SANDBOX" has been globally lauded as a model for fostering an innovation ecosystem with its outstanding concept, bringing together public, private, and civil society sectors to advance towards a low-carbon society. Key achievements include transitioning to hydraulic cement (low-carbon cement) in nationwide construction, the goal to phase out high-carbon cement production by 2025, accelerating the cement industry's shift to clean energy, and increasing the use of alternative fuels (AF) such as biomass, solar power, and refuse-derived fuel (RDF). Other notable initiatives include grid modernization and advancing research on the Carbon Capture, Utilization, and Storage (CCUS) technology. All made progress are continuously presented at global climate forums such as the COP summits. In addition, with government backing and support from the Global Cement and Concrete Association (GCCA), TCMA was honored to co-host the GCCA CEO Gathering and Leader Conference in 2024, bringing together high ranking of cement and concrete manufacturers worldwide to unite in reducing carbon emissions. Furthermore, Thailand recently secured over 200 million Baht in Green Fund support from the Canadian government, aimed at facilitating cement and concrete industry in Thailand the transition to Net Zero by 2050.

During Climate Week New York City 2024, "SARABURI SANDBOX" was announced as a new member of Transitioning Industrial Clusters Initiative of World Economic Forum, becoming Thailand's first industrial cluster, ASEAN's third, and the 21st globally to engage with the international community in achieving the Nationally Determined Contributions (NDC) on greenhouse gas reduction.

"TCMA is proud that the "SARABURI SANDBOX" innovation ecosystem has been selected to join the World Economic Forum's Transitioning Industrial Clusters Initiative. This step will further propel Saraburi Province towards becoming a low-carbon city while highlighting the potential of TCMA and its members to collaborate with other industrial clusters, with support from the government, to expedite the green energy transition, to strengthen Thailand's economic capabilities, creating win-win-win beneficial outcomes through 4 major mechanisms:- technology, policy, cooperation, and financing, alongside best practices from global partners within the Transitioning Industrial Clusters Initiative." Dr. Chana remarked after presenting the progress on the Partnership in Focus forum at the High Level Ministerial/CEO Roundtable at the Sidelines of the Summit of the Future.

"SARABURI SANDBOX" is an area-based implementation, positioning Saraburi Province as a model for Thailand's greenhouse gas reduction strategies. Operating under the 3C framework-Communication, Collaborative Action, Conclusion step-by-step, it aligns with Thailand's NDC Roadmap, which aims to achieve net-zero carbon emissions. TCMA continues to collaborate with the government, private sector, and civil society across five key sectors: Industrial Processes and Product Use (IPPU), Energy, Waste, Agriculture, and Land Use Land Use Change and Forestry (LULUCF). These prototype projects provide a clearer pathway for action, identifying areas for improvement, and offering lessons on successful practices that can be scaled and replicated across other provinces.
Hashtag: #TCMA

The issuer is solely responsible for the content of this announcement.

News from Asia

SonicWall Redefines Cybersecurity, Sets New Standard with Next Generation Network Security Solutions Built for MSPs

Delivering peace of mind with layered security, co-managed services and a unified management platform, SonicWall is helping partners grow services profitably through its continued innovation levera...

BNM’s Policy Rate Call Looms: Octa Broker Highlights Inflation, Exchange Rate and Trade Challenges

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 6 May 2025 - This Thursday, Bank Negara Malaysia (BNM) will announce its policy rate decision. While most analysts expect no change, Octa Broker ...

TDCX retains rank as the top Southeast Asian outsourced CX provider

Among top 17 globally in OA500 Index that evaluates BPO firms worldwide SINGAPORE - Media OutReach Newswire - 7 May 2025 - TDCX, a leading global business process outsourcing (BPO) company for te...

NIA Eyes Green Tech Unicorns Within Three Years, Four Thai Startups Set to Showcase at ‘Web Summit Qatar 2025’ as Global Green Innovation Market Forecasts 25% Annual Growth Over the Next Decade

BANGKOK, THAILAND - Media OutReach Newswire - 7 May 2025 - The Ministry of Higher Education, Science, Research and Innovation (MHESI), through the National Innovation Agency (Public Organization)...

Trend Micro Delivers AI-Powered Threat Detection with AWS Infrastructure Support and NVIDIA Integration

Proactive security with AI-powered model built for modern enterprise workloads HONG KONG SAR - Media OutReach Newswire - 7 May 2025 - Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cyb...

Bee Choo Origin Strengthens CSR Efforts with Electric Van Donation to NKF

SINGAPORE - Media OutReach Newswire - 7 May 2025 – Bee Choo Origin, Singapore’s leading herbal hair care brand that specialises in hair fall treatment and oily scalp treatment, has reaffirmed it...

SMART launches new research group WISDOM to pioneer technologies that will help machines "see" like humans

Multi-million-dollar, three-and-a-half-year programme to advance Singapore’s optoelectronics and photonics capabilities and semiconductor industry, which generated over S$133 billion in 202...

Vingroup and the Rise of the ESG Ecosystem

Vingroup is positioning itself to lead Vietnam's ESG push, using its broad business network to drive sustainable growth at home and abroad, while eyeing partnerships in the Middle East's expanding ...

DFI Retail Group and Dingdong Announce Strategic Partnership With first-year sales target of HKD100 million

HONG KONG SAR - Media OutReach Newswire - 7 May 2025 - DFI Retail Group (DFI or the Group), and Dingdong (Cayman) Limited (Dingdong or DDL), a leading fresh food e-commerce platform in the mainlan...

Blue Cross Surpasses Market Average with Over 20% Growth in 2024

HONG KONG SAR - Media OutReach Newswire - 7 May 2025 - Blue Cross (Asia-Pacific) Insurance Limited ("Blue Cross") reported outstanding performance in the 2024 provisional statistics for Hong Kong ...

UNSW startup accelerator offers $200K to the next generation of Australian deeptech unicorns

UNSW Founders, Australia’s most recommended startup accelerator, has partnered with fund manager Luminary Partners to invest $200,000 each into 18...

The Future Is Now: AI Modernization Is Reshaping How Business Gets Done

The present business environment imposes stronger requirements on Australian organizations to match the fast-paced digital-first economy requireme...

Businesses losing an average of $493k from data integrity flaws

Managing data responsibly and effectively for the AI age can give organisations a strong competitive advantage, but many are failing to harness th...

AI shopping disruptor Zyft raises $7.5M to lead the next gen of retail tech

Zyft appoints new CEO, Richard Stevens, to lead the latest Waller Group success story, valued at $30 million SYDNEY, 28 April 2025: Zyft, the lea...

Little known law offers savvy Kiwis the opportunity to supercharge their retirement savings

A little-known legal amendment is being leveraged by savvy New Zealanders and expat Brits to supercharge their retirement savings. Not many peop...

Cutting edge AI technology designed for doctors to reduce patient wait times launched in NZ

New Zealand specialist doctors now have access to Artificial Intelligence technology to help reduce patient wait times and experts say it could be...

Sell by LayBy