At present, Thailand is far behind in number of researchers and university faculty, with Ph.D.degrees, to produce sufficient new knowledge and manpower for the need of government and private sectors. An important measure to tackle the economic and social problems so that the country can become competitive in this globalization age is to produce enough high level manpower -researchers, technocrats and future social leaders, particularly in the fields of science and technology. Based on the data from "Thailand Vision 2020" study, Thailand will need about 250,000 researchers in the next 25 years. Therefore, Thailand Research Fund (TRF) in collaboration with the Ministry of University Affairs and The National Science and Technology Development Agency, propose a program to support the production of research work and 25,000 doctorate researchers in the next 25 years. This number accounts for only 10% of the overall need of the country. The work-plan will be devided into two phases. In Phase I (1997 - 2011) 5,000 research work and doctorates (a four-fold increase from the present level) would be produced. A critical assessment of the program will be carried out toward the end of Phase I. If the result is satisfactory, Phase II will proceed to produce another 20,000 Ph.Ds. Due to the importance of this program, which is also compatible with the policy on development of human resources in the eight National Socio-economic Development Plan, it is appropriate to be approved as a program to commemorate His Majesty the King's 50th (Golden Jubilee) year of reign.