HCU SDG NEWS

HCU, GSB Unite to Boost Grassroots Economy and Empower Local Entrepreneurs through the GSB Yuvaphat Rak Thin Project in Kanchanaburi

June 22-23, 2023

On June 22-23, 2023, Huachiew Chalermprakiet University’s (HCU) Faculty of Business Administration partnered with the Government Savings Bank for the GSB Yuvaphat Rak Thin project, a transformative community development program held in Khao Lek, Kanchanaburi Province. Led by Dr. Nuntawut Krutha and Dr. Siriwut Rungreung, along with a dedicated team of business administration students, the initiative focused on revitalizing local enterprise and strengthening the community’s economy by enhancing the market value of local products.

The project spotlighted the development of Khao Lek coffee, a signature local product. Through hands-on support and financial assistance to local startups, the team guided the community in converting raw coffee beans into ready-to-sell, high-quality coffee products under the brand concept, “Start Your Day with Happiness, Start with Khao Lek Coffee.” This approach not only added value to the coffee but also aimed to cultivate a strong, locally-driven brand that appeals to both residents and visitors.

By empowering local entrepreneurs with tools, financial resources, and marketing insights, this initiative serves as a model for sustainable economic growth. It enhances community income, reduces production costs, and strengthens self-sufficiency, marking a significant step in sustainable community development. Through projects like these, the Faculty of Business Administration and the Government Savings Bank demonstrate a shared commitment to fostering resilient, economically vibrant communities across Thailand.