Business Daily Media

Times Advertising

.

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

HKSTP Deepens Southeast Asia I&T Ties at MTX 2026, Signs Inaugural MoU with Singapore’s TechX

Having led 100+ Hong Kong tech firms to SE Asia over the past year, accelerating global expansion through strategic collaboration HONG KONG SAR - Media OutReach Newswire - 30 April 2026 - Hong Ko...

Blue Launches New Campaign for "WeSave Short Term Insurance Plan ST1 (3-Year)" "Effortless Wealth Growth, Lock-in Guaranteed Returns"

Secure a 3-Year Guaranteed Return of 3.81% p.a. with a Single Premium HONG KONG SAR - Media OutReach Newswire - 30 April 2026 - Blue, Hong Kong's first digital life insurer, remains steadfast in i...

Sincere Healthcare Group and Landmark Medical Centre Mutually Agree to Terminate Agreement

Sincere Healthcare Group exits Landmark Medical Centre deal; affirms continuity of Johor operations JOHOR BAHRU, MALAYSIA & SINGAPORE - Media OutReach Newswire - 30 April 2026 - Sincere Health...

Hong Kong Design Centre Unveils 'From Memory to Horizon: The Visual Language of Hong Kong Tourism'

A Landmark Exhibition Exploring Seven Decades of How Hong Kong Told Its Story to the World HONG KONG SAR - Media OutReach Newswire - 30 April 2026 - Hong Kong Design Centre (HKDC), with the Cultu...

Ping An Digital Bank Announces FY2025 Annual Results, Net Interest Income Rose by over 60% YoY, Total Assets Achieved 135% Growth

Striding forward with the Brand Vision, “Always with You, Always Ahead” With the new brand vision"Always with You, Always Ahead," we provide professional support to help customers navigate...

Porsche Design Tower Bangkok Redefines Branded Residences

Porsche Design Tower Bangkok Showcased to Global Yacht Collectors at Singapore Yachting Festival 2026 STUTTGART, GERMANY / SINGAPORE - Media OutReach Newswire – 29 April 2026 - Porsche Design Towe...

Asahi Super Dry Unveils the Next Chapter in Light Beer with Dry Crystal Across Hong Kong and Taiwan

Crafted for the enjoyment of life without compromise, the renewed Dry Crystal features Ryusei Yokohama as the new campaign's face and is now available in supermarkets and restaurants throughout the...

JOMOO, China's No.1 and a Global Top-3 Bathroom Brand, Debuts in Hong Kong

With Leisure Plus, Redefining Hong Kong's Bathroom Experience Through AI Smart Toilets and Bathroom Cabinets for a New Era of Intelligent Living HONG KONG SAR - Media OutReach Newswire - 30 Apr...

SANY Microgrid Breaks Ground on Integrated Solar-Storage Project in Dobrești, Romania, Marking a New Chapter in Green Energy in Europe

DOBREȘTI, ROMANIA - Media OutReach Newswire - 30 April 2026 - On April 27, SANY Microgrid officially broke ground on its integrated solar-storage project in Dobrești, Romania. Xiang Wenbo, Rotatin...

Genki AI Global Debut: Scaling IP Management with Autonomous Operation Technology

HONG KONG SAR - Media OutReach Newswire - 30 April 2026 - Genki AI, an all-in-one AI autonomous engine for IP management, officially launched globally on May 1, 2026. It solves critical pain point...

“Time is running out to get Payday ready,” Brighter Super urges

Superannuation fund Brighter Super is encouraging business owners to prepare now for Payday Super, ahead of the new laws taking effect from 1 July...

PayNuts Unveils Expanded Integrated Solutions and Refreshed Brand to Support Australian SMEs

PayNuts, one of Australia’s fastest-growing payment service providers, has unveiled a refreshed brand identity and an expanded suite of integrated b...

BizCover Brings Australia’s First AI-Based Insurance Quotes to ChatGPT

Australian small business owners can now receive and compare business insurance quotes directly inside ChatGPT, in a move that signals a major shi...

VistaPrint Research Reveals Australian Small Businesses Face a Succession Cliff

With only 16% of retiring small businesses having a succession plan, tens of thousands risk closure as one in three owners nears retirement.  Ne...

Corporate volunteering grows up: how companies are shifting to meaningful, community-led impact

As workplaces settle into the new year and look for ways to strengthen culture, capability and connection, experts say corporate volunteering is e...

The Rise of Mobile-First Venues

Global Hospitality Platform, Tabit, Reveals Five Ways to Maximise Benefits of Mobile-First Systems  As Australian hospitality venues grapple with...