The Thai delegation will be led by Thailand’s Deputy Prime Minister and Minister of Foreign Affairs Don Pramudwinai. FIfty of Thai private sector businesses, and representatives of the Thai boards of investment and trade will accompany him.

The visit will focus on enabling private sector partnerships for the two countries and taking advantage of the opportunities offered by the countries across many sectors, in particular manufacturing technology and tourism.

Both Kingdoms are looking to regenerate relations to build diverse economic and investment partnerships.

Saudi Arabia has seen strong growth in foreign direct investment in recent years as the Kingdom’s economic reforms have unlocked a broad range of opportunities for international investors.

The IMF’s most recent forecast expects Saudi Arabia to be the second fastest growing economy in the G20 this year.