EXIM Thailand finances a hotel in Maldives

WEDNESDAY, OCTOBER 31, 2012
EXIM Thailand finances a hotel in Maldives

Export-Import Bank of Thailand (EXIM Thailand) is joining hands with Bank of Maldives in extending a US$32 million syndicated loan to finance a hotel construction in Maldives.

 

The loan was awarded to State Trading Organisation Plc (STO), which is developing Radisson Blu Hotel, a new 5-star 250-room hotel in Hulhumale, North Male Atoll.
Kanit Sukonthaman, president of EXIM Thailand, said that  this is cooperation will help promote Thailand’s export of construction materials and overseas investments engaging Thai contractors.