COUNTRY GROUP DEVELOPMENT CELEBRATES ITS FOUNDATION STONE LAYING CEREMONY FOR LANDMARK WATERFRONT PROJECT



Photo Caption:Country Group Development PCL. celebrated the Foundation Stone Laying Ceremony for its flagship property, Landmark Waterfront project, at the developments 36 rai construction site along the Chao Phraya River. The ceremony was presided by; Mr. Ning Fukui, Honorary Chinese Ambassador of Thailand (center), Police General Adul Saengsingkaew, Deputy Junta Chief (third from right), Mr. Sadawut Taechaubol, Chairman of Country Group (forth from right), Mr. Ben Taechaubol, Chief Executive Officer of Country Group Development PCL. (far right), Mr. Cheng Jingming, Deputy General Manager of BCEG International Co., Ltd (far left), Mr. Xing Yan, President of BCEG International Co., Ltd. (second from left), Mr. Yong Suksudprasert, President of Thai–Chinese Chamber of Commerce (third from left), Prof. Prayoon Chindapradist, Chairperson of Country Group Securities PCL. (forth from left), Mr. Arthid Nanthawithaya, Senior Executive Vice President, Group Head, Wholesale Banking Group of Siam Commercial Bank (second from right). Bangkok; 19 June 2014 – Country Group Development (CGD) PCL., celebrated its Foundation Stone Laying Ceremony, for the construction of its mixed-use property, Landmark Waterfront Project, at its site; located in Charoenkrung Road, Sathorn district, Bangkok.

Succeeding the THB 11.6 billion financial framework agreement with China’s EXIM Bank, funding the Landmark Waterfont Project; and the joint venture agreement with Beijing Construction Engineering Group International (BCEGI) as both partner and main contractor, CGD celebrated the Foundation Stone Laying Ceremony that marks the first auspicious merit making occasion for its aforementioned flagship property, Landmark Waterfront Project. The ultra-luxury, mixed-use property is comprised of two luxury hotels and a 73 story branded residential tower; situated on an unprecedented 36 rai plot of land, with the longest (350m) sweeping waterfront promenade along the Chao Phraya River. The project has received both EIA and 39 thawi approvals and piling works will take place immediately following this Foundation Stone Laying Ceremony.