Wednesday, November 30, 2011

Japanese Aeon Mall Company To Invest $6 Million To Build A Shopping Center in Phnom PenhJapanese Aeon Mall Company To Invest $6 Million To Build A Shopping Center in Phnom Penh

Japanese AEON Mall Co., Ltd will build a shopping center in Cham Kar Mon district of Phnom Penh to serve the Khmer residents and non-resident clients in the city, an official said on November 17. The announcement was made after the meeting between Samdech PM Hun Sen and Mr. Soichi Okazaki, Chief Executive Officer of the Japan-basedAEON Mall Co., Ltd at the peace palace in Phnom Penh.

Samdech PM Hun Sen ( right) shakes hands with Mr. Soichi Okazaki at Peace palace

The Japanese Ambassador to Cambodia, H.E Kuroki Masafumi, also was at the meeting.

“AEON Mall Co. Ltd will invest around $6 million US dollars to build a shopping center in Phnom Penh and it also will create from 1,500 to 2,500 jobs for Khmers,” Eang Sophallet, a personal assistant to Samdech PM Hun Sen, told reporters. “The company also plans to build the shopping malls at provinces too,” Eang added. “Mr. Soichi Okazaki told Samdech PM
Hun Sen that his company also plans to construct one more school building in the country.

Currently, the company has already helped to build 149 schools in the kingdom and the company has been present in the country since 1998. Samdech PM Hun Sen thanked the company and expressed the support for future investment in Cambodia, Eang said, adding that AEON Mall Company is the largest firm in terms of business properties and financial services.

A previous report said: AEON will build the shopping center near Koh Pich conference hall and is merely a three –minute walk from the Naga world casino and hotel. The location of the mall reveals a nice view of the Mekong River too.

Source: The Southeast Asia Weekly, November 13-19, 2011, Vol. 5, Issue 46, Page 3

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