Saha Rattana Nakorn speeds up rehabilitation process


BANGKOK, 21 February 2012  – The committee overseeing the improvement of Saha Rattana Nakorn Industrial Estate is speeding up its plans to revive the businesses in the estate so that it could seek loans to build flood walls. 

Deputy Permanent Secretary for Industry Nattapon Nattasomboon, in his capacity as a committee member, stated that a discussion would be held with the Saha Rattana Nakorn executives, SCMB Company who administers the rehabilitation process, and the Government Saving Bank (GSB) to come up with plans to seek loans for the construction of permanent flood walls.

According to Mr Nattapon, the SCMB is proposing 2-3 business rehabilitation plans. The GSB has agreed to the conditions of the loans and payment method. The rehabilitation plan will have to be deliberated by the court before being implemented. The SCMB is expected to present the plan to the court within March, hoping to kick start the flood wall construction by April.