ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Thai developer Central Pattana eyes $3.9bn for malls, homes over 5 years

Expanded investment plan includes hotels, anticipating rapid tourism rebound

Central Westville is slated to open in Bangkok by December. (Image courtesy of Central Pattana)

BANGKOK -- Top Thai retail developer Central Pattana's five-year investment plan announced Thursday includes over 200 projects in Thailand and neighboring countries, responding to a rebound in personal spending and tourism with the lifting of pandemic restrictions.

The developer has earmarked 135 billion baht ($3.85 billion) for commercial facilities, housing and other properties from 2023 to 2027. Plans include 50 malls, 90 residential areas and 37 hotels in Thailand and elsewhere in Southeast Asia.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more