Photo Release: EXIM Thailand Extends Low Interest Rate Innovation Financing to Support KV Electronics Manufacturing System Evolution under Robotics Automation Super-cluster Policy

Stocks and Financial Services Press Releases Thursday January 19, 2017 15:05
Bangkok--19 Jan--EXIM BANK

EXIM Thailand, under the cooperation with NSTDA, provides 7 million baht financing with low interest rates to KV Electronics Co., Ltd. for its manufacturing system evolution under the Ministry of Industry's robotics automation super-cluster plan.

Mrs. Wantana Mongkolsri (right), Senior Executive Vice President of Export-Import Bank of Thailand (EXIM Thailand), jointly with Dr. Katiya Greigarn (left), Managing Director of KV Electronics Co., Ltd. and Vice Chairman of the Federation of Thai Industries, recently signed a financial facility agreement worth 7 million baht under the cooperation between EXIM Thailand and National Science and Technology Development Agency (NSTDA), Ministry of Science and Technology on Financial Support for Research and Development and Engineering Projects for Private Sector Program at EXIM Thailand's Head Office. Under the agreement, EXIM Thailand will support KV Electronics' project to drive its electrical transformer and coil automatic and intelligent robot arms manufacturing system evolution. KV Electronics is one of the five pilot companies of the Ministry of Industry's robotics automation super-cluster plan that aims to boost SMEs capability on manufacturing revolution aligned with the policy to upgrade manufacturing technologies from Industry 3.0 to Industry 4.0.

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