OR collaborates with partners to develop coffee plantations in Lao PDR.

Mr. Destat Panyarachon chief executive officerPTT OIL AND RETAIL GENERAL BUSINESS LIMITED or or He chaired the signing ceremony of the memorandum of understanding (Memorandum of Understanding) This is a project that uses an agroforestry system to develop a prototype coffee farm for coffee farmers in Lao PDR (Agroforestry Coffee Farm). This is done through cooperation betweenPTT OIL AND RETAIL GENERAL BUSINESS LIMITED, PTT Public Company Limited, Asia Investment Company Limited, Seoul Development and Construction Company Limited, (AIDC: Asia Investment, Development and Construction Corporation Limited) andPTT (Laos) Limited

withMr. Rasha Utaishan Executive Vice President, International Business or withMr. Crepit Primani Executive Vice President, International Affairs and Business DevelopmentPTT PUBLIC LIMITEDMr. Vuitsaba Pumasak Company President AIDC AndMr Tera Werawong General DirectorPTT (Laos) Limited The signing took place in the conference room, 6th floor, Energy Complex, Building C.

whileMr. Destat Panyarachon chief executive officer or He said that this cooperation is an important starting point in joint study and development of projects using agroforestry systems. (Agroforestry) in developing a prototype coffee farm for coffee farmers in Lao PDR to produce high quality raw coffee beans.

It can also be extended to include the initial business of “Cafe Amazon” as well as helping to create employment opportunities for Lao farmers to have a stable income and a better quality of life throughPTT (Laos) Limited Brand Manager for Amazon Cafe in Lao PDR, 89 branches, who will procure raw coffee beans that meet Amazon Cafe standards.

AIDC, the owner of coffee plantations in the Lao People's Democratic Republic, will be the investor in the agroforestry system and the operator to manage the area. It also receives cooperation from PTT, which is an expert and has experience in trading carbon credits domestically and abroad. By recording carbon credits to add value to coffee farms. The carbon credits generated by the project will help each company achieve its carbon neutrality and net zero carbon goals, as well as be used to create additional value in the international market.

In addition, the prototype of the coffee plantation development project is also in line with the business strategy according to the OR SDG concept in every dimension, whether in terms of “S” or “SMALL”, creating opportunities for small, “D” or “diverse” people, which is an opportunity For all forms of growth and “G” or “GREEN” which aims to reduce greenhouse gas emissions and increase the proportion of clean energy use. Create a healthy environment and achieve the OR 2030 goal efficiently. It also promotes the vision of “Empowering All towards Inclusive Growth” or “Exploiting Opportunities”. For everyone to truly grow together.”