ASEAN KEY DESTINATIONS
Samut Sakhon –unprepared for flood
Bangkok's neighbouring province, Samut Sakhon, have a loss of as much as 150 billion baht (US$4.9 billion) as severe floods are expected to hit the province later this week and last about a month, says the Federation of Thai Industries (FTI).
About 35 kilometres southwest of Bangkok, Samut Sakhon is home to nearly 5,000 factories with a total industrial workforce of 500,000, the majority of which are employed in the seafood sector, including SET-listed Thai Union Frozen Products Plc (TUF), one of Thailand's leading manufacturers and exporters of canned and frozen seafood products.
"We expect the entire province will be hit by floods some time this week and the water level might be higher than two metres in some areas," said Apichit Prasoprat, head of FTI's Samut Sakhon province and secretary of the central-region chapter.
More importantly, about half of the factories have yet to exercise flood-prevention measures, probably because they don't think the floods will affect their factories, he noted.
"In a worst case, we project the floods will last about one month. We need a number of water pumps to drain the water out as fast as we can to minimise damages," said Mr Apichit.
TUF president Thiraphong Chansiri said the flood has not yet affected the company's operations but it is monitoring the situation very closely.
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