EXIM Thailand Supports Singha Estate Plc. to Develop Maldives’ First Integrated Tourism Megaproject

Announcement date 14 March 2018
EXIM Thailand Supports Singha Estate Plc. to Develop Maldives’ First Integrated Tourism Megaproject
Mr. Pisit Serewiwattana (second right), President of Export-Import Bank of Thailand, Mr. Naris Cheyklin (second left), Chief Executive Officer, Singha Estate Public Company Limited, and Mr. Thiti Thongbenjamas (far left), Chief Operating Officer-CROSSROADS, Maldives, Singha Estate Public Company Limited, recently signed a loan agreement whereby EXIM Thailand provided a credit facility worth 120 million US dollars to finance the company’s CROSSROADS Project, a megaproject consisting of an integrated tourism complex and resort in Maldives, at EXIM Thailand’s Head Office. In the first phase, 3 resorts with one township, yacht marina, duty-free shops, beach club, retail outlets, restaurants and related facilities for convention and exhibition venues will be developed.
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