Nl Development Public Company Limited

NL Development, or NL, has notified the Stock Exchange of Thailand that it has won the contract to build the Building 2 inpatient tower at the Siriraj Geriatric Medicine Center. The client is Mahidol University's Faculty of Medicine Siriraj Hospital. The total project value is 324 million baht including value-added tax, with a construction period of 600 days. The project involves the construction of a reinforced concrete building with approximately 15,950 square meters of usable space, comprising inpatient wards and parking areas, covering structural works, architectural works, electrical and communications systems, sanitation systems, fire protection systems, air-conditioning systems, medical gas systems, interior decoration, and signage. Managing Director Saran Rojlertjanya said this success reflects NL's expertise in the highly complex construction of medical facilities and aligns with the healthcare megatrend and Thailand's transition into an aging society. The new job pushes the company's backlog past 5.7 billion baht, supporting continued revenue recognition in line with its growth targets.

NL Development Public Company Limited, or NL, participated in the groundbreaking ceremony for the construction of the new National Cancer Institute's Bang Khun Thian branch, a project valued at 3,285 million baht. The ceremony was presided over by Dr. Nattapong Wongwiwat, Director-General of the Department of Medical Services. The project comprises an 8-story medical services building and a 6-story energy and research laboratory building, along with the construction of connecting structures and other facilities. The construction period is 1,800 days, which underscores NL's leadership in the construction of highly complex healthcare facilities. This project also enhances the country's capacity for cancer treatment services and adds to the company's backlog portfolio, enabling revenue recognition in 2026 as targeted.

NL Development Public Company Limited, or NL, has secured a new construction project from the Siriraj Foundation. The project involves renovating the exterior walls of the Somdej Phra Boromrajininart Heart Disease Center building, with a total value of 16,065,397.30 baht, including value-added tax. The work covers architectural aspects and has a construction period of 210 days. This contract will increase the company's backlog and allow revenue to be recognized gradually as the project progresses.