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

Mr. Pisit Serewiwattana, President of Export-Import Bank of Thailand, Mr. Naris Cheyklin, Chief Executive Officer, Singha Estate Public Company Limited, and Mr. Thiti Thongbenjamas, 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.