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Construction of Aeon Mall Hai Phong to begin in Q2

Released at: 14:22, 19/12/2017 BUSINESS SPOTLIGHT

Construction of Aeon Mall Hai Phong to begin in Q2


Procedures being completed with a view to construction getting underway in the second quarter of 2018.

by My Van

Construction of Aeon Mall Hai Phong will begin in the second quarter of next year.

Procedures will be completed early in the new year, Mr. Le Van Thanh, Secretary of the Hai Phong Party Committee, told a meeting of the Party Standing Committee.

At the meeting, Mr. Iwamura Yasutsugu, General Director of Aeon Mall Vietnam, said the shopping mall project, in Le Chan district, is developing quickly. Aeon Mall Vietnam has also signed a contract with the Viet Phat Import Export Trading Joint Stock Company to implement the project.

It is expected that after the Lunar New Year (Tet), the investors will have completed the overall design for submission to the city for approval to begin construction in the second quarter, with completion scheduled for 22-24 months later.

Aeon Mall Vietnam has proposed Hai Phong authorities facilitate and accelerate the acquisition of land use right certificates, investment certificates, and construction permits.

Leaders of Le Chan district, the Center for Investment Promotion of Tourism Trade, the Department of Natural Resources and Environment, and the Department of Construction have said they have basically completed an inventory and set up a site clearance compensation plan for 135 out of 144 affected households on 9 ha of land and has handed over 4 ha to Viet Phat. The remaining area will be handed over this month.

Mr. Thanh assured Aeon Mall that the city will hand over the land this month and that investment procedures will be completed in early January.

As for proposals from Aeon Mall regarding traffic, Mr. Thanh said the city has developed plans and will complete construction of Ho Sen - Cau Rao 2, an overpass at the intersection of Nguyen Van Linh Street, in 2019, before the completion of the Mall.

Because Hai Phong authorities are in the process of assisting and accompanying the investors in completing procedures, Mr. Thanh wants the investor to accelerate progress and begin construction in the first quarter of 2018.

Aeon Mall Vietnam previously signed a memorandum of Understanding on September 20 with the Center for Investment Promotion of Tourism Trade and Viet Phat to conduct investment procedures, with the aim of getting the project underway.

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