Aeon Mall wants four more Hanoi projects
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Japanese retail giant Aeon Mall wants to invest in 3-4 more projects in Hanoi by 2025. At a recent meeting with Hanoi Party secretary Dinh Tien Dung, Nagakawa Tetsuyuki, general director of Aeon Mall Vietnam, said the Aeon Mall Hoang Mai project is now in its last preparation stages for investment. It has enough funds, personnel and equipment to begin construction right after investment procedures are completed, he said.
Aeon Mall is currently operating six projects in Vietnam, including two malls in Hanoi’s Long Bien and Ha Dong districts. It plans to launch 16 more projects in Vietnam by 2025.
Tetsuyuki said he hopes Hanoi will continue its support so the Aeon Mall Hoang Mai project can begin construction in the third quarter. The firm has also requested the city to support the establishment of another Aeon Mall project in Bac Tu Liem District.
Hanoi Party Secretary Dinh Tien Dung said the capital would improve its investment environment and streamline policies to attract investments from both inside and outside Vietnam. He said Hanoi was attentive to supporting the Aeon Mall Hoang Mai project and would request relevant agencies to cooperate with Bac Tu Liem authorities.
Hanoi deputy chairman of Nguyen Manh Quyen said he would request relevant authorities to complete legal procedures regarding the Aeon Mall Hoang Mai project so construction can begin as planned. Regarding the Bac Tu Liem project, Quyen said the proposed location has been earmarked for a park, so the city will request authorities to propose another location for it.
Questions & Answers
Q.What is the current status of the Aeon Mall Hoang Mai project?
What is the current status of the Aeon Mall Hoang Mai project?
The Aeon Mall Hoang Mai project is in its last preparation stages for investment. Aeon Mall Vietnam has sufficient funds, personnel, and equipment to start construction once investment procedures are completed. Construction is hoped to begin in the third quarter.
Q.How many total projects does Aeon Mall plan for Vietnam by 2025?
How many total projects does Aeon Mall plan for Vietnam by 2025?
Aeon Mall plans to launch 16 more projects across Vietnam by 2025. This is in addition to the six projects it currently operates in the country, bringing the total planned portfolio to 22.
Q.What issue has arisen regarding the proposed Aeon Mall project in Bac Tu Liem District?
What issue has arisen regarding the proposed Aeon Mall project in Bac Tu Liem District?
The proposed location for the Aeon Mall project in Bac Tu Liem District has been earmarked for a park. As a result, the city will request authorities to propose an alternative location for the development of the mall.
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