Dr. Rak Vorrakitpokatorn, President of Export-Import Bank of Thailand (EXIM Thailand), and Mr. Satid Sudbuntad, Chief Executive Officer, Diamond Building Products Plc. (DRT), and Mr. Sunthorn Suwannajade, DRT Assistant Chief Executive Officer, Production and Engineering, jointly signed an EXIM Thailand credit facility agreement worth 400 million baht to finance DRT's concrete tile (CT-6) production line project at EXIM Thailand's Head Office on February 2, 2023. The project aims to install a concrete tile (CT-6) production line with a production capacity of 100,000 tons per year at DRT's factory in Saraburi Province to enhance production efficiency to serve markets both at home and overseas.
EXIM Thailand President said that EXIM Thailand's financial facility to DRT this time is in line with the Bank's policy and role as "Thailand Development Bank" to support entrepreneurs in construction material industrial sector for their higher production potential. CT-6 is one of the products that help save energy used in the production process and is ecofriendly. The increase in the production capacity will contribute to the country's development of infrastructures and industrial sectors, as well as expansion of export and property markets, particularly in the CLMV markets, which is one of EXIM Thailand's key missions. DRT is a producer and distributor of roofing products, equipment for house structures, functional cafe (Diamond cafe) and provider of such services as roof stripping and installation services under the "Diamond" trademark. Its product distribution and service provision cover provinces nationwide, e.g. distribution to large modern trade groups like Thai Watsadu, Siam Global House and Mega Home, and to property development projects. The Company has a business plan underway to further expand in and beyond Thailand to ASEAN.
"EXIM Thailand will proceed with its mission to build Thai economic warriors on the global front to a greater extent alongside support of trade and investment for development of infrastructures and industrial sectors of Thailand and other countries in the region to enable sustainable growth in all dimensions, i.e. economic, social and environmental dimensions of Thailand and the global community," added Dr. Rak.