Saudi-Thai Roadmap to Boost Partnership in 4 Investment Sectors

  • Date: 17-May-2022
  • Source: Asharq AL-awsat
  • Sector:Economy
  • Country:Saudi Arabia
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Saudi-Thai Roadmap to Boost Partnership in 4 Investment Sectors

Saudi Minister of Investment Khalid al-Falih announced that the developed Saudi-Thai road map would be further boosted by the new investments in tourism, healthcare, industry, and manufacturing operations.

The Ministry of Investment in Riyadh organized the Saudi-Thai Investment Forum, with the participation of the Minister of Investment, the Thai Deputy Prime Minister and Foreign Minister Don Pramudwinai, Foreign Minister Prince Faisal bin Farhan bin Abdullah, and Minister of Industry Bandar al-Khorayef.

It also included a wide range of representatives of government agencies, the Federation of Saudi Chambers, and private sector representatives from the two countries.

Connections

Falih said that the Forum aims to advance economic relations between the two countries to broader horizons, as they enjoy vast investment and trade opportunities and significant human and natural resources.

In light of Vision 2030, he noted that Saudi Arabia has developed the business environment by implementing a large package of reforms that exceeded 500 reforms, including enacting regulations and legislation per international best practices.

He called on investors and leading Thai companies to visit the Kingdom and get acquainted with investment opportunities in all sectors, as the Kingdom has a competitive and attractive environment that provides opportunities with rewarding returns for investors.

Falih said the Forum comes as an