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 LimitedNL won a 324 million baht contract to build the Siriraj Building 2 inpatient tower, pushing its backlog past 5.7 billion baht.
