Central Pattana invests 4.5 billion baht in Krabi development project

Central Pattana Public Company Limited (CPN) is gearing up to shake up Krabi with a dazzling new mixed-use development, part of a massive 15 billion baht investment to turbocharge Thailand’s economy and tourism sector.

The Central Krabi project, valued at a staggering 4.5 billion baht, will cover a sprawling 114 rai of land and promises to be a game changer. Featuring a shopping complex, luxury residences, condominiums, and a hotel, this mega-development is designed to attract both high-end international tourists and locals with strong purchasing power.

The retail section is slated to open by the third quarter of 2025, putting Krabi firmly on the map as a major destination for shoppers and holidaymakers alike.

Chanavat Uahwatanasakul, Chief Development and Commercial Officer of CPN stated that it is more than just a project.

“We are committed to revitalising Thailand’s economy and setting new benchmarks in customer experience.”

But Central Pattana isn’t stopping at Krabi. They’re also revamping major developments across the country, including Central Bangna, Central Pinklao, and Central Chiang Mai Airport. Each of these projects is designed to improve customer satisfaction while expanding the company’s successful Retail-Led Mixed-Use model nationwide.

Committed to sustainability, Central Pattana continues to make strides, having earned a spot in the prestigious Dow Jones Sustainability Index for real estate management. With their ongoing investment and focus on development, they aim to not only raise living standards but also fuel Thailand’s economic growth, reported Pattaya Mail.

In related news, to revolutionise marine transport, the Thai Marine Department has been urged to speed up the construction of four piers that will form a new Andaman marine ring route, dramatically cutting travel time between Phuket and Krabi by a staggering 90 minutes.

In other news, Thailand’s Department of Climate Change and Environmental Affairs (DCCE) highlighted Rayong as a model for eco-industrial urban development, improving the environment and quality of life as the world faces climate challenges.