Chinese corporations eye investment in Thai green economy

Photo: bot.or.th

Chinese corporations have expressed their intent to invest in Thailand’s bio-circular and green (BCG) economic development projects, renewable energy, electric vehicles (EVs), and transportation infrastructure, according to Prime Minister Srettha Thavisin. The Chinese investment announcement came after discussions between Srettha and Chinese business executives at the 3rd Belt and Road Forum for International Cooperation (BRF) in Beijing.

One of the key business leaders Srettha met was Zhu Hexin, the chairman of Citic Group Corporation. Citic, a conglomerate with interests spanning financial services, investment banking, asset management, manufacturing, energy contracting, and infrastructure, has previously invested in Thailand and has shown keen interest in clean energy initiatives.

Srettha also highlighted Citic Dicastal, a Citic Group…