PUBLISHED: 23 Jan 2025 at 04 :00
Executives from leading global companies, including Coca-Cola, Bayer and Nestle, showed an interest in investing in Thailand during discussions with Prime Minister Paetongtarn Shinawatra at the World Economic Forum ( WEF ) in Davos, the government said yesterday.
Government official Jirayu Houngsub said Ms Paetongtarn met high-level directors of the world’s leading organizations at the 55th WEF in Switzerland.
Among the directors the prime minister met was Stefan Oelrich, a part of Bayer AG’s committee of control and mind of its medicine section.
Ms Paetongtarn underlined Thailand’s devotion to modernising crops and community care, presenting opportunities for collaboration with the German company in clinical research, healthcare innovation and agrarian advancements.
Mr Oelrich expressed the company’s commitment to mate with the government to raise the quality of healthcare services and improve farm production through the use of agricultural improvements.
Another important discussion took place with Sultan Ahmed Bin Sulayem, CEO of global shipping big DP World.
Ms Paetongtarn reiterated Thailand’s tactical position as a local shipping hub with large-scale infrastructure projects such as the Land Bridge and high-speed rail systems.
DP World showed strong interest in developing Thailand’s logistics capabilities, including expanding its Inland Container Depot ( ICD ) and studying potential investments in the Land Bridge project to connect Asean with global trade networks, Mr Jirayu said.
The prime minister even met Remy Ejel, CEO of Nestle Asia, Oceania and Africa. She urged Nestle to help Thai farmers in transitioning to current and green farming practices.
The food conglomerate reaffirmed its long-standing devotion to Thailand, announcing plans to expand opportunities, especially in java creation, and to provide good prices and education for Thai farmers.
Moreover, Ms Paetongtarn held conversations with Coca-Cola CEO James Quincey.
He pledged continued cooperation, especially in enhancing lives for producers.
The prime minister likewise had a conversation with Michel Demare, non-executive head of the table of AstraZeneca, about Thailand’s ability as a local medical gateway.