Nirvana adopts 'Turnkey Solution' strategy
Nirvana Daii Plc (NVD) plans to expand its business nationwide with the adoption of a “Turnkey Solution” strategy to jointly develop quality housing projects with landlords in strategic locations.
In a press release issued on Friday, the company said that it will launch four new housing projects under this business model in 2019, the company's CEO Sornsak Somwattana said.
The four new projects next year are in Pattanakarn and Srinakarin areas in Bangkok and in Sriracha District, Chonburi, and the last one is being negotiated in Phuket and Bangkok, he said.
Nirvana expects to launch one housing project under the Turnkey-Solution model every quarter and generate revenue of Bt3 billion by 2020, Sornsak said.
