It has been an exciting summer to drill down in depth on the many investment and business opportunities developing between the GCC and the ASEAN countries. These are two of the fastest growing regions in the world poised to benefit amid current geopolitical and economic uncertainties.
Following a week of fascinating meetings with leading financial players in Ho Chi Minh City, I had the privilege of exploring opportunities with Npairoj Piempongsant in Bangkok.
Npairoj Piempongsant is a celebrated Thai businessman with over 40 years of diverse international project experience. He currently plays a key role in the development of Silicon Tech Park, a newly designated smart city set within Thailand’s $40 billion Eastern Economic Corridor (EEC) project. This initiative is aimed at bringing major opportunities to the Thai economy as well as to the local communities by attracting international digital innovators and investors to the region.
His deep understanding of the GCC business culture includes brokering high-profile deals, such as Abu Dhabi United Group’s acquisition of Manchester City in 2007.
We discussed trade and investment opportunities between the GCC and Thailand as well as other ASEAN countries. Clean energy is a critical area for further cooperation. This would include technologies focusing on low-carbon energy, renewable energy as well as the promotion of effective energy efficiency practices. The digital economy, focusing particularly on cooperation in the AI, Web3 and Defi sectors, will also be important areas of interest.
I must also thank most sincerely Daniel Rajesh, Founder and CEO of Sayis Capital, for arranging this meeting and flying over from Kuala Lumpur for the day to attend our meeting.
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