One Bangkok Secures Thailand’s Largest Green Loan of THB 50 Billion with Five Leading Financial Institutions
Summary
One Bangkok secured the loan based on its commitment to sustainability principles, encompassing design, construction, and management, with a focus on efficient resource and energy utilization, minimizing environmental impact, and creating value for the community and society.Mr. Panote Sirivadhanabhakdi, Group Chief Executive Officer of Frasers Property Limited, said, "This landmark green loan agreement demonstrates the strong confidence held by these five leading financial institutions in One Bangkoks potential. As a large-scale holistically integrated development, One Bangkok is poised to become a vibrant business and lifestyle destination, attracting significant investment and driving Thailands long-term economic growth. This agreement also reaffirms the commitment of TCC Assets and Frasers Property, as shareholders, to leverage their expertise and experience in developing this project as a model sustainable city, with a focus on efficient energy use, reducing greenhouse gas emissions, and promoting natural resource conservation to enhance the quality of life for people and society. It is also pursuing WELL Building Standard certification to promote the well-being, comfort, and safety of residents and occupants.One Bangkok which opened its doors on October 25, 2024, features the retail spaces Parade and The Storeys, which are now both operational.