Investment
Aeon Mall accelerates US$180 million project in Hai Phong
Aeon Mall Vietnam is accelerating to be able to break ground the US$180 million shopping centre in the northern port city of Hai Phong in the second quarter next year, Iwamura Yasutsugu, General Director of the company, said.
At a meeting with Hai Phong’s authorities recently, Iwamura said that right after the Lunar New Year, Aeon Mall Vietnam is due to complete the project’s master planning to submit it to the city’s authorities for approval. All procedures required for the ground breaking ceremony will be also finalized early next year.
Secretary of the Hai Phong Party Committee Le Van Thanh said Hai Phong will hand over the site for the project this month and ensure the provision of adequate infrastructure along with water and electricity supply for the investor to complete the construction.
The project, which will cover an area of 9.3 ha on Ho Sen-Rao 2 Road in Duong Kinh District, is expected to be completed roughly 22-24 months after the ground breaking ceremony.
Aeon Mall Vietnam and the Viet Phat Investment Import Export Trading JSC have also signed a memorandum of understanding on investing in the shopping center project.
According to the MoU, Aeonmall commits to investing in construction of the project, with completion expected in early 2020. When put into operation, the shopping center will also be a site for Vietnamese-Japanese cultural exchanges.
Once completed, the centre is expected to welcome some 13 million customers per year and generate jobs for more than 2,000 workers, contribute to the State budget and assist the development of local small- and medium-sized enterprises.
Aeon Mall Hai Phong will be the sixth shopping center project of AEON Mall in Vietnam. Currently, Aeon Mall has put into operation 4 shopping centers in Vietnam, including two centers in Ho Chi Minh City, a center in Binh Duong and one in Hanoi.
The investment capital of Aeon Mall Long Bien in Hanoi is up to US$200 million while Aeon Mall Celadon in Tan Phu district, Ho Chi Minh is US$109 million. The lowest investment capital project is US$95 million- Binh Duong Aeon.
The fifth project of Aeon Mall Vietnam will be built in Ha Dong district, west of Hanoi. In March, it signed an investment cooperation agreement with BIM Group to develop a shopping center with a total floor area of 200,000 square meters.
Aeon Mall Ha Dong is expected to commence in 2017, open in late 2019 and become one of the largest trade centers in Vietnam.
Arriving in Vietnam in 2009, Aeon Mall opened its first shopping mall in 2014 and plans to build 20 shopping centers by 2025.
Aeon Mall currently has 179 joint ventures inside and outside Japan, owning and operating nearly 17,000 shopping centers and outlets.
Secretary of the Hai Phong Party Committee Le Van Thanh said Hai Phong will hand over the site for the project this month and ensure the provision of adequate infrastructure along with water and electricity supply for the investor to complete the construction.
Aeon Mall Hai Phong will be the sixth shopping center project of AEON Mall in Vietnam.
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Aeon Mall Vietnam and the Viet Phat Investment Import Export Trading JSC have also signed a memorandum of understanding on investing in the shopping center project.
According to the MoU, Aeonmall commits to investing in construction of the project, with completion expected in early 2020. When put into operation, the shopping center will also be a site for Vietnamese-Japanese cultural exchanges.
Once completed, the centre is expected to welcome some 13 million customers per year and generate jobs for more than 2,000 workers, contribute to the State budget and assist the development of local small- and medium-sized enterprises.
Aeon Mall Hai Phong will be the sixth shopping center project of AEON Mall in Vietnam. Currently, Aeon Mall has put into operation 4 shopping centers in Vietnam, including two centers in Ho Chi Minh City, a center in Binh Duong and one in Hanoi.
The investment capital of Aeon Mall Long Bien in Hanoi is up to US$200 million while Aeon Mall Celadon in Tan Phu district, Ho Chi Minh is US$109 million. The lowest investment capital project is US$95 million- Binh Duong Aeon.
The fifth project of Aeon Mall Vietnam will be built in Ha Dong district, west of Hanoi. In March, it signed an investment cooperation agreement with BIM Group to develop a shopping center with a total floor area of 200,000 square meters.
Aeon Mall Ha Dong is expected to commence in 2017, open in late 2019 and become one of the largest trade centers in Vietnam.
Arriving in Vietnam in 2009, Aeon Mall opened its first shopping mall in 2014 and plans to build 20 shopping centers by 2025.
Aeon Mall currently has 179 joint ventures inside and outside Japan, owning and operating nearly 17,000 shopping centers and outlets.
