Business Daily Media

The Times

.

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

Bernie & Bella Welcome Families to a Summer of Fun at Swiss-Belhotel International

JAKARTA, INDONESIA - Media OutReach Newswire - 25 May 2026 - Swiss-Belhotel International (SBI), the global hospitality management group with a growing portfolio of hotels, has announced an enhan...

3E Accounting Marks 15 Years of Excellence, Accelerating Global Business Growth with AI-Powered Efficiency

From incorporation to compliance, the award-winning firm combines automation and practical expertise to support business growth across 110+ countries. SINGAPORE - Media OutReach Newswire - 25 May...

BrokersThai Data: Local Traders Compare Gold and Crypto Side by Side as Markets Shift

BANGKOK, THAILAND - Media OutReach Newswire - 25 May 2026 - Thai retail investors are increasingly changing the way they manage their portfolios amid rising volatility across global financial mark...

ONYX Hospitality Group Enters Joint Venture with JR Kyushu Group to Develop Shama North Pattaya, Strengthening Strategic Partnership in Thailand

BANGKOK, THAILAND - Media OutReach Newswire - 25 May 2026 - ONYX Hospitality Group, a leading hospitality management company in Asia Pacific specialising in hotels, resorts, serviced apartments, ...

KPMG Launches Trusted AI Centre of Excellence to Strengthen Singapore’s Position as a Globally Trusted AI Hub

At the launch, KPMG also unveiled its Trusted AI Assurance offering that is aligned with relevant international standards and frameworks to mitigate risk and build trust in AI deployment...

TCMA x Chulalongkorn University Join Forces with Canadian Partners to Advance Strategic Collaboration for a Low-Carbon Industry toward Net Zero 2050

BANGKOK, THAILAND - Media OutReach Newswire - 25 May 2026 - Thai Cement Manufacturers Association (TCMA) has signed a Memorandum of Understanding (MoU) with Chulalongkorn University to advance a ...

Rainforest Tea Culture from Wuzhishan, China, Debuts in Rome

ROME, ITALY - Media OutReach Newswire - 26 May 2026 - The Rainforest Children's Choir and Rainforest Large-Leaf Tea from Wuzhishan, Hainan, China, took centre stage at the International Tea Day ev...

"Made in Binzhou" Heads to Tianzhou-10 Cargo Spacecraft——Binzhou Sci-Tech Power Embarks on a Hardcore Space Mission

BINZHOU, CHINA - Media OutReach Newswire - 25 May 2026 - On May 11, experimental samples for the project "Study on the Effect of Rotating Magnetic Field on the Solidification Process of Aluminum-b...

JOYY Reports First Quarter 2026 Financial Results: Total Revenue YoY Growth Hits Multi-Year High

SINGAPORE - Media OutReach Newswire - 26 May 2026 - JOYY Inc...

Owner-Operated Serviced Office CoWorkSpace Opens at 6 Raffles Quay Level 16, Offering Members Stable Pricing in a Landlords’ Market

As Singapore CBD office rents rise for a fifth consecutive quarter and vacancy hits a record low, CoWorkSpace aims to shield members from rent increases that flex operators typically pass through...

For Midsize Companies, Global Payroll Systems Matter More to Business-Security Than You Think

When a midsize company expands across borders, its payroll operation becomes exponentially more complex. These organisations typically face a new ...

GEO and the AI search shift reshaping Australian and New Zealand business visibility

For years, one of the biggest digital marketing questions for businesses was ‘how do we get onto page one of Google?’ That question still matters, ...

Why self-service is reshaping fleet management for modern businesses

Fleet management today is constrained by fragmented systems and heavy administrative demands. A lot of the work still relies on booking vehicles and...

Fraud Prevention and security crucial as identity crime hits record highs in Australia

In a radically transformed risk landscape where the scale and speed of financial fraud have reached unprecedented levels, Australian businesses ar...

Sectorial ATO Tax Debt Disclosures Rise, Overall Business Credit Demand Flattens and High-Risk SME 'Credit Shopping' hits 8-month peak

Q1 2026 Equifax Business Market Pulse shows low-risk borrowers consolidate demand enquiries while sub-prime entities accelerate shopping activity ...

SME support in Federal Budget falls short of easing business pressures

“The Federal Budget delivered several measures aimed at supporting small businesses, including making the instant asset write-off permanent, exten...