Nishimatsu Construction Co., Ltd, Fuyo General Lease Co.,Ltd. and Okura Nikko Hotel Management Co., Ltd. plan to open the "Grand Nikko Bangkok Sathorn'' in Bangkok, the capital of the Kingdom of Thailand in 2025. In promoting this project, a hotel management company in Thailand, Bangkok Sathorn Hotel Management Co., Ltd. invested by Nishimatsu Construction, Fuyo Lease and Japan Overseas Infrastructure Investment Corporation for Transport & Urban Development, and Okura Nikko Hotel Management have signed an operation and management agreement regarding "Grand Nikko Bangkok Sathorn" on January 31, 2022. The goals of the three companies to aggressively expand their overseas business operations coincided, leading to the signing of this agreement.

This project was also supported by the participation of JOIN, which supports overseas transportation and urban development projects by Japanese companies.