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Central Pattana reiterates investment of 100 billion baht in 5 years

Ms. Wanaya Chirathivat, President and Chief Executive Officer of Central Pattana Public Company Limited, said that the company is moving forward according to the 5-year business plan (2022-2027) with a budget of more than 100,000 million baht or a year. 20,000 million baht each to develop new projects, including shopping centers, residences, office buildings and hotels, with the goal of targeting 50 shopping centers in the shopping center business in the next 5 years, both domestically and internationally. From the present there are 36 locations.

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Mr. Chanawat Uawattanasakul Executive Vice President Business and Project Development Division said that within 2 years the company has new projects and upgrades to existing projects. The latest project is Central Westville, worth a total of 6,200 million baht, penetrates a new location in the Ratchapruek area, connecting directly to the heart of Bangkok on 40 rai of land, which will raise the west coast of Bangkok. And it is considered a project that builds on from Central East Ville, ready to open in the 4th quarter of 2023.

“The Company will expand projects in every district, every city, every location to join with partners, local entrepreneurs and communities. For new projects to be launched this year, Central Chanthaburi is the largest mixed-use project in the East. worth more than 3,500 million baht on May 26, supporting continued growth from the EEC economic zone in the future Helping to stimulate the tourism economy in secondary cities.”

There are also more than 10 shopping center remodeling projects, such as Central World, Central Rama 2, Ramintra, Pattaya Beach, Chaengwattana, Westgate, Chiang Mai Airport, and Khon Kaen, etc.

As for the projects that were acquired from Siam Future Development Public Company Limited or SF and the project to lease space from the Chulalongkorn University Property Management Office (PMCU) to invest in the development of the area of ​​​​Block A, a commercial area. Siam Square for 30 years, all in progress. and go according to plan