After the two year anniversary of Panyu AEON, Japanese AEON Co., Ltd. announced the ground breaking of the second AEON mall located in Pong Peay city, Phnom Penh, which covers an area of 150,100 sq. meters and is set to open to the public in 2018.  It is known that Hyundai RNC Construction has signed the USD120 million construction cooperation contract with AEON group.  According to the contract, RNC will design and construct the four floor mall including super market, movie theatre, bowling alley, and boutiques among others. 

Japanese made AEON mall starts its ambitious market plan in Asia to further help develop township economy.  Pictured is AEON in Panyu, Guangzhou.

AEON group chairman explained that the rising middle class and strong demand for high quality life drive AEON mall’s location in Phnom Penh.  The chairman believed AEON mall will benefit the township’s economic development.  Phnom Penh AEON mall is centered around 600,000 citizens, which convinces AEON’s management that the new mall will be very popular consumption destination