EXIM Thailand and Bank of Maldives Plc. Provide USD 32 Million Syndicated Loan to Support 5-star Hotel Construction in Hulhumale

Announcement date 31 October 2012
EXIM Thailand and Bank of Maldives Plc. Provide USD 32 Million Syndicated Loan to Support 5-star Hotel Construction in Hulhumale
Mr. Kanit Sukonthaman (right), President of Export-Import Bank of Thailand (EXIM Thailand), and Mr. Shahid Ali (left), Managing Director of State Trading Organization Plc. (STO), co-signed a USD 32 million syndicated loan agreement under which EXIM Thailand and Bank of Maldives Plc. join hands to finance the STO’s construction of Radisson Blu Hotel, a new 5-star 250-room hotel in Hulhumale, North Male Atoll, Maldives, at EXIM Thailand’s Head Office on October 30, 2012. This cooperation will help promote Thailand’s export of construction materials and overseas investments engaging Thai contractors.
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