Thailand and Saudi Arabia are forging strong economic ties, with several collaboration deals in progress. Sanan Angubolkul, chairman of the Thai Chamber of Commerce, recently visited Saudi Arabia with Thai delegation led by Foreign Minister Don Pramudwinai. During the visit, it was announced that PTT Oil and Retail Business Plc (OR) plans to establish petrol stations in Saudi Arabia, addressing the lack of convenience in existing petrol stations in the country.
OR is also exploring the possibility of a joint investment in a large-scale green hydrogen project in Thailand, with the ambition of becoming a central supply hub for various industries in the region. In addition, Siam Cement Group aims to open an office in Saudi Arabia by September, with a keen interest in investing in the country’s construction ecosystem to expand its supply chain.
Charoen Pokphand…
