SET-listed Central Pattana (CPN) has invested 1.2 billion baht to transform the shopping mall Central Chiangmai Airport into a new mixed-use landmark, strengthening the city’s allure.

Nattakit Tangpoonsinthana, chief marketing officer at CPN, said Central Chiangmai Airport has been part of the city for more than 30 years. Located near the city centre, major hospitals, and over 150 residential communities, it is a three-minute drive from Chiang Mai airport.

Developed under a “Reimagining Lanna” concept, the project spans more than 130 rai with a total gross building area of 173,000 square metres. The development features more than 350 global and local brands, a 2,800-sq-m convention hall, a tourist hub with airport shuttle services, multi-generational lifestyle spaces, and GO Wholesale, with future plans for hotel and residential expansion, according to CPN.

The company said it recognises Chiang Mai’s potential as northern Thailand’s economic hub and a globally renowned travel destination. The mall serves a catchment population of more than 1.8 million people, Mr Nattakit said.

He said the province is entering a new growth cycle, as Chiang Mai airport plans to expand its passenger terminal and upgrade existing facilities. The full enhancement is expected to be completed by 2033, increasing capacity to 20-25 million passengers per year.

Mr Nattakit said the new design of Central Chiangmai Airport aims to reflect a sense of pride among local communities while enhancing the experience for both Thai and international visitors. This pride is reflected in the architectural form, interior design and curated signature zones, he said.

One highlight is tripling the size of its “Kad Luang” indoor local market, featuring a curation of Michelin-recognised eateries such as Koyi Khao Man Gai and Khao Soi Lamduan Fah Ham, alongside authentic local cuisine, souvenirs, and the Northern Village craft zone.

In 2025, the centre recorded more than 13 million visits, averaging 38,000 visitors per day.

Traffic is expected to increase to more than 42,000 visitors per day in 2026, growing by about 10% annually, Mr Nattakit said.

Central Chiangmai Airport targets a customer mix of 70% Thai visitors and 30% international tourists. The top five international source markets are the US, China, Hong Kong, South Korea and Singapore.

https://www.bangkokpost.com/business/general/3161738/cpn-invests-b12bn-in-chiang-mai-upgrade