The Export-Import Bank of Thailand (EXIM) Bank has established an agreement to provide an additional long-term loan for the construction of a tap water manufacturing facility in Luang Prabang, Laos, to facilitate water consumption in the Laos capital.
The EXIM Bank Acting President Kematat Saicheur on 11 May witnessed a signing ceremony for a loan contract, which added 8 million baht loan to Asia Nampapa Luang Prabang for the expansion of a tap water manufacturing facility in Luang Prabang, Laos.
The expansion project will double the tap water manufacturing capacity to 12,000 cubic meter per day from the current capacity at 6,000 cubic meter per day in order to accommodate the increasing water demand from households and business.
The EXIM Bank Acting President has said the Asia Nampapa Luang Prabang has an existing customer that has taken 70 million baht loan for the construction and operation of Luang Prabang tap water facility, while this agreement has increased the loan amount to 78 million baht for the expansion of the facility.
He has said this support is considered EXIM Bank’s role to support capable Thai SME entrepreneurs to extend their operations in infrastructure development in foreign countries and in ASEAN community, aiding for the development of the economy and society of Thailand and the neighbouring countries.