(File photo: Wisuttipong Rodpai)Central Pattana Public Company Limited, Thailand’s largest shopping mall developer, plans to invest more than 110 billion baht (US$3.4 billion) in the next five years to expand its portfolio, betting on growth in major cities and a tourism rebound. The operator of Central World, Bangkok’s largest shopping mall complex, aims to increase the number of its mixed-used projects to 33 by the end of 2030 from 27 currently, Chief Executive Officer Wallaya Chirathivat told reporters on Wednesday. “We remain highly optimistic about Thailand’s long-term potential, even amid a very challenging period marked by geopolitical tensions,” Ms Wallaya said. We need to sustain our investments to maintain long-term growth.”The Chirathivat family, which controls Central Pattana, has built one of Thailand’s biggest retail networks spanning malls, department stores and mixed-use developments. Central Pattana currently operates 45 shopping malls, 11 office buildings, 17 hotels and 53 residential projects.

Source: Bangkok Post March 25, 2026 09:20 UTC