Saudi Arabian companies are expected to invest up to 300 billion baht in Thailand next year, especially in targeted industries in the Eastern Economic Corridor (EEC).

Government spokesman Anucha Burapachaisri said on Sunday that Prime Minister Prayut Chan-o-cha has been informed of these projected figures.

The spokesman said after the Saudi delegation visited the EEC during the Apec Summit last month, they showed interest in investing in digital innovations, medical tourism, precision medical equipment, food processing, clean energy and electric vehicles.