EXIM Thailand Visits Crossroads Maldives Project
Mr. Pasu Loharjun, Chairman of the Board of Directors of Export-Import Bank of Thailand (EXIM Thailand), together with EXIM Thailand directors and executives paid a visit to the Crossroads Maldives Project implemented by S Hotels & Resorts Plc. (SHR) of the Singha Estate Plc. Group
was welcomed by Mr. Jukr Boon-long, Chairman of the Corporate Governance and Sustainable Development Committee, Mr. Chairath Sivapornpan, member of the Executive Committee, and Mr. Issarin Patramai, Chief Financial Officer of SHR who led touring of tourism-related businesses and hotels on the newly built islands located close to the international airport and Malé city of the Republic of Maldives, during December 4-6, 2023. The Project is a prototype of an all-encompassing leisure and entertainment destination with Environmental, Social, and Governance (ESG) concerns taken into account, including art & culture center of local Muslims and strong ecosystem protection with sustainable exploitation and regeneration of marine and coastal resources, wastewater treatment and waste management, and use of renewable energy.
The Crossroads Maldives Project features development of an integrated tourism complex by Thai entrepreneurs in the Republic of Maldives, comprising three leading resorts, i.e. Hard Rock Hotel Maldives, SAii Lagoon Maldives Hotel and SO/ Maldives Hotel, alongside such facilities as beach clubs, a marina and various MICE-related ventures, financed by EXIM Thailand long-term loan under Dream Islands Development 2 Pvt. (DID2) and Dream Islands Development 3 Pvt. (DID3) of the SHR Group. This is in line with EXIM Thailand’s vision and strategies toward the role as “Green Development Bank” to drive sustainable social and community development of Thailand and the world at large.
