Mr. Disthat Panyarachun, Chief Executive Officer of PTT Oil and Retail Business Public Company Limited or OR, presided over the signing ceremony of a memorandum of understanding (MOU) for the project to use the agroforestry system to develop a prototype coffee plantation. for coffee farmers in Lao PDR (Agroforestry Coffee Plantation) between PTT Oil and Retail Business Public Company Limited, PTT Public Company Limited, Asia Investment Company Limited. Development and Construction Sole Co., Ltd. (AIDC: Asia Investment, Development and Construction Sole Co., Ltd.) and PTT (Laos) Co., Ltd., with Mr. Racha Uthaichan, Deputy Chief Executive Officer of International Business OR along with Mr. Kraipit Premmanee, Executive Vice President of International Affairs and Business Development, PTT Public Company Limited, Mr. Phuetsapa Poommasak, President of AIDC, and Mr. Thee Ra Wirawong, Managing Director of PTT (Laos) Company Limited, signed the contract at the Auditorium meeting room, 6th floor, Energy Complex Center, Building C.
Mr. Disthat revealed that this cooperation It is considered an important starting point in jointly studying and developing projects using agroforestry systems. (Agroforestry) in developing a prototype coffee farm for coffee farmers in Lao PDR to produce quality raw coffee beans. And can be extended to the upstream business of Cafe Amazon as well as helping to create careers for Lao farmers to have a stable income and a better quality of life by PTT (Laos) Company Limited, the manager of the Cafe Amazon brand. Son in Lao PDR, with 89 branches, will be the buyer of raw coffee beans that meet Cafe Amazon's standards from AIDC, the owner of coffee plantations in Lao PDR. AIDC will be the investor in making the system. Agroforestry and is the operator of the area management. In addition, it also receives cooperation from PTT, who is an expert and has experience in trading carbon credits both domestically and abroad. By registering carbon credits to add value to coffee farms. And the carbon credits generated from the project will help each company achieve its Carbon Neutrality and Net Zero Carbon goals, as well as being used to create additional value in the international market.
This prototype coffee plantation development project Consistent with the business strategy based on the OR SDG concept in every dimension, both in terms of "S" or "SMALL", strengthening opportunities for small people, "D" or "DIVERSIFIED", opportunities for all types of growth, and "G" or "GREEN" that aims to reduce greenhouse gas emissions and increase the proportion of clean energy use. To create a healthy environment and achieve the OR 2030 goal efficiently. It also reinforces the vision of "Empowering All toward Inclusive Growth" or "Fulfilling opportunities For all to grow together" truly
