Deputy PM holds talks in Saudi Arabia on expanding economic ties

WEDNESDAY, JULY 27, 2022
|

Deputy PM and Energy Minister Supattanapong Punmeechaow visited Saudi Arabia to improve bilateral relations and seek cooperation on tourism, agriculture and energy.

Supattanapong travelled to Saudi Arabia on Monday and Tuesday with Thailand Trade Representative ML Chayotid Kridakon, and government officials.

On Monday, he met with Saudi Arabian Investment Minister Khalid Abdulaziz al-Falih and Energy Minister Prince Abdulaziz bin Salman Al Saud to discuss investment in several industries.

They discussed cooperation in energy, especially clean energy and renewable energy, electric vehicles, health tourism, creative economy, and sustainable agriculture.

The discussions were in line with Saudi Arabia’s strategic framework "Saudi Vision 2030", while it was an opportunity for Thailand to expand its investment in Saudi Arabid and vice versa.

The two sides discussed making a structured guideline for working together to improve the relationship between the two countries with a clear operation plan for continuous and concrete success.

They also met with Mohammad Abdullah Abunayyan, chairman of ACWA Power which is a developer, investor, co-owner and operator of a portfolio of power generation companies.

They discussed cooperation between the two countries on how to develop Thailand as the centre for clean energy in Southeast Asia. They also sought investment in renewable energy, which is in line with Thailand’s goal to achieve carbon neutrality within 2050.

Deputy PM holds talks in Saudi Arabia on expanding economic ties