Eastern Water Resources Development and Management Public Company Limited, or East Water (EASTW), has announced its success in securing sustainable funding by signing a long-term loan agreement in the form of a "Blue Loan" with Sumitomo Mitsui Trust Bank (Thai) Public Company Limited (SMTBT). This funding will be used to support projects aimed at developing and upgrading efficient water resource management systems, reflecting the confidence that leading financial institutions have in the company’s business potential and credit reliability.
Reflecting Strong Credit Status and Business Operations Potential
This financial support demonstrates the stable financial status and the confidence financial institutions have in EASTW as a major raw water management service provider in the Eastern Economic Corridor (EEC) area. The company has been assigned a corporate credit rating of "A-" with a "Stable" outlook by TRIS Rating. Regarding the 2025 performance results, the company maintained a continuous growth trend, with EBITDA growing by 12.34% from the previous year. This reflects the strength of the company’s water infrastructure, which covers a total pipeline network distance of over 553 kilometers.
Collaboration to Drive Economy and Sustainable Water Management
In this collaboration between EASTW and SMTBT, both organizations share a common vision to support sustainable economic development through the provision of funding for "Eligible Blue Projects." These projects focus on efficient water resource management to meet the increasing demand for water resulting from the expansion of high-tech industries and Data Centers in Rayong, Chonburi, and Chachoengsao provinces.
Mr. Bodin Udol, Chief Executive Officer of Eastern Water Resources Development and Management Public Company Limited (EASTW), revealed that receiving this Blue Loan from SMTBT clearly aligns with the company’s sustainable business practices. This is particularly true regarding efficient water resource management and responsibility toward communities, the environment, and society. It enhances EASTW's capability to develop more eco-friendly water projects, which will help strengthen the country’s water security and elevate water resource management to meet international standards.
SMTBT Supports EASTW with First-Ever Blue Loan to Promote Sustainable Water Resource Management
Mr. Kenichi Sato, Chief Executive Officer of Sumitomo Mitsui Trust Bank (Thai) Public Company Limited (SMTBT), stated that SMTBT is pleased to support the Blue Loan for EASTW, which marks the first Blue Loan for both SMTBT and EASTW. This represents another significant step in promoting the role of sustainable finance.
SMTBT recognizes the potential and expertise of EASTW in developing and managing water resource infrastructure, which plays a vital role in supporting efficient water usage and strengthening water security for industries and communities in Thailand. This financial support is consistent with the sustainability direction of the Sumitomo Mitsui Trust Group (SMTG), which aims to promote environmentally friendly projects and contribute to driving society toward sustainable development. SMTBT remains committed to being a financial partner that supports customers in growing sustainably while creating long-term economic, social, and environmental value.
This signing ceremony marks another important milestone for EASTW in strengthening its financial liquidity while moving forward with investments in sustainable water infrastructure. It reflects the strategic cooperation between the business sector and financial institutions in supporting economic growth alongside long-term water resource conservation.