Mitsui Outlet Park planned for Taichung, Taiwan
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Japanese developer Mitsui Fudosan is set to open a Mitsui Outlet Park in Taichung, Taiwan.
The plans, which will include a Mitsui LaLaport shopping mall, have been given official approval by the area administration following a delegation to led by Taiwan Mitsui Fudosan Group chairman Shitamachi Ichiro, which was granted an audience with Taichung’s Mayor Lu Shiow-yen.
The agreement brought a successful conclusion to discussions that had been underway since March last year. It is Mitsui Fudosan’s second LaLaport project in the country.
The site will undergo initial development work at the end of this month, aiming for an opening date during 2022. The complex is likely to generate employment for 3500 staff in the region.
A Taichung City government press release indicated a surge in Japanese investments into the area and a generally favorable outlook for the city’s consumer market.
Questions & Answers
Q.What kind of complex will Mitsui Fudosan be opening in Taichung?
What kind of complex will Mitsui Fudosan be opening in Taichung?
Mitsui Fudosan plans to open a Mitsui Outlet Park in Taichung, Taiwan. This complex will also include a Mitsui LaLaport shopping mall as part of its development.
Q.When is the new Mitsui Outlet Park expected to open to the public?
When is the new Mitsui Outlet Park expected to open to the public?
Initial development work for the complex is scheduled to begin at the end of this month. The Mitsui Outlet Park is aiming for an official opening date sometime during 2022.
Q.How many jobs is the new development expected to create in the region?
How many jobs is the new development expected to create in the region?
The new Mitsui Outlet Park and LaLaport complex is anticipated to generate a significant number of employment opportunities. It is likely to create jobs for approximately 3500 staff in the Taichung area.