Siam Commercial Bank (SCB) executives and Phuket resort developers Limsup Grand Co., Ltd have sealed a Bt-500m deal to finance construction of the Andaman Embrace Resort & Spa, a modern Sino-Portuguese style hotel on Patong Beach front, replacing the Club Andaman Beach Resort. The 10-rai (4-acre) Andaman Embrace Resort & Spa is set to open in February 2012, comprising 200 guest rooms, restaurants, a privately-operated spa and a 570-sqm swimming pool.

Pictured are (from left to right): Project Consultant- Edifix Co., Ltd. Mr Pakhin Aunggulsant; Marketing Consultant- TRimiti Group Ms. Napawun Rumpivitaya; Andaman Embrace Managing Director Ms. Salisa Limsakul; and SCB Mr. Kiat Wimonsopa Sector Head Commercial Banking Southern Region- Siam Commercial Bank ; Ms. Chanthima Wongsavanon Relationship Manager – Siam Commercial Bank and Mr Mr. Eakkachai Kanjanadee Analyst, Credit Product and Portfolio Management- Siam Commercial Bank.