An Economic Analysis of Oil Palm Plantation in Northeastern Thailand

The oil palm is a new plant in the Northeast Thailand which has been promoted for biodiesel production. The objectives of this research are to study the socio-economic of oil palm farmers, production process and marketing as well as to analyze the return on investment of the oil palm farming in Seka District, Nong Khai Province. Even though oil palm is not a generally planted crop in this region and farmers do not have much knowledge about this crop, this project is believed to be able to serve the community in terms of creating jobs and supplying cheaper energy source to the region.