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Wednesday, May 25, 2022

Huge economic potential ahead for both countries: Saudi-Thai Investment Forum to be held in Riyadh next Monday

Huge economic potential ahead for both countries: Saudi-Thai Investment Forum to be held in Riyadh next Monday

The Thai delegation will be led by Thailand’s Deputy Prime Minister and Minister of Foreign Affairs Don Pramudwinai. “Thailand is a very rich country in quality human resources, with professional knowledge and extensive experience in tourism, hospitality, leisure, manufacturing and agriculture. The combination of the financial wisdom of the Saudis, the human resource qualities of the Thai people, and Thailand as a well known investors-safe-heaven, ensures tremendous economic success for both countries”, says Eric Bach.
The Thai delegation will be led by Thailand’s Deputy Prime Minister and Minister of Foreign Affairs Don Pramudwinai. FIfty of Thai private sector businesses, and representatives of the Thai boards of investment and trade will accompany him.

The visit will focus on enabling private sector partnerships for the two countries and taking advantage of the opportunities offered by the countries across many sectors, in particular manufacturing technology and tourism.

Both Kingdoms are looking to regenerate relations to build diverse economic and investment partnerships.

Saudi Arabia has seen strong growth in foreign direct investment in recent years as the Kingdom’s economic reforms have unlocked a broad range of opportunities for international investors.

The IMF’s most recent forecast expects Saudi Arabia to be the second fastest growing economy in the G20 this year.
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