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RE: LeoThread 2025-12-12 21-32

in LeoFinanceyesterday

Part 5/11:

This facility signifies Thailand’s effort to leverage indigenous botanical resources and elevate their value, potentially leading to faster commercialization and economic uplift for local farmers and entrepreneurs. Additionally, this initiative aims to address climate disruptions by developing advanced farming techniques that can save costs and revitalize the country's vital agricultural sector.

Local Concerns: Development Versus Livelihoods

Despite the promising prospects, the rapid industrialization has faced resistance from local communities. Fishermen, farmers, and residents in Rayong, for example, report loss of livelihoods due to land reclamation and environmental degradation caused by factory expansion and infrastructure projects.