EXIM Thailand Supports DRT’s Expansion of Fiber Cement Plant to Serve Demand for Building Materials in Thailand and CLMV

Announcement date 12 December 2019
Mr. Pisit Serewiwattana (left), President of Export-Import Bank of Thailand (EXIM Thailand), jointly with Mr. Satid Sudbuntad (right), Chief Executive Officer of Diamond Building Products Plc. (DRT) recently signed a credit facility agreement at EXIM Thailand’s Head Office. The credit facility, amounting to 500 million baht, is aimed to finance DRT’s fiber cement expansion project (NT-11) in conjunction with a revolving fund to support its expansion of artificial wood and ‘Diamond’ board production lines to serve domestic demand and export of construction materials particularly to CLMV (Cambodia, Lao PDR, Myanmar and Vietnam).