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New 'Local Trade Center' Pilot Launches in Chonburi

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A new business model aimed at supporting small-scale vendors has debuted in Chonburi, with plans for national expansion.

According to Matichon Online, a new 'Local Trade Center' has officially opened in Chonburi as a pilot project. This initiative operates on a 'big brother helping the little brother' business model, designed to provide a platform for local vendors and small-scale entrepreneurs to showcase and sell their products more effectively.

For residents and travellers, this development is significant as it aims to centralize local goods, potentially offering a more diverse and accessible shopping experience for regional specialties. The project organizers anticipate that this pilot phase will generate approximately 25 million baht in economic activity.

While the Chonburi location serves as the initial testing ground, the project has broader ambitions. The organizers have indicated plans to expand this model across all four major regions of Thailand. However, specific timelines for these future expansions, as well as the exact locations for the next centers, remain to be confirmed. Observers will be watching to see if the Chonburi pilot successfully meets its financial projections and whether the model can be effectively replicated in other provinces.

Translated from Thai.

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