Thai-Saudi ties deepen at DavosListen to this articleMr Ekniti, right, talks with Mr Falih at the summit in Switzerland. Thailand is pushing investment cooperation with Saudi Arabia, opening up new opportunities in the automotive, healthcare and financial sectors. According to caretaker finance minister Ekniti Nitithanprapas, who led Thailand's delegation to the World Economic Forum (WEF) summit in Davos, Switzerland from Jan 19-22, the trip advanced investment cooperation between Thailand and Saudi Arabia. Sanden Intercool (Thailand) Plc is building a factory in Saudi Arabia to produce commercial freezers and beverage coolers. Saudi Arabia also encouraged Thai parts manufacturers to establish production bases and develop automotive clusters in key areas of that nation.

Source: Bangkok Post February 04, 2026 22:59 UTC