Aeon Eyes More Grocery Stores in Cambodia

• 16 May 2019
• Local News
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Photo by digjapan.travel

Global retail player Aeon Group is looking to open more grocery stores across Cambodia after having been successful with its operation in the country, said the Council for the Development of Cambodia (CDC) earlier this month.

In a press release of the recent meeting between representatives of Cambodia and Japan, H.E Sok Chenda Sophea, Minister attached to the Prime Minister and Secretary General of CDC, applauded the success of Aeon’s investment in Cambodia while citing its investment prospects.

“Congratulations to the success of the Japanese companies in Cambodia, in fact, Aeon’s investment in the establishment of the Aeon Mall Phnom Penh, the first location was built on 68,000 square metres of land and is expanding its business activities on the second location of ​​100,000 square metres land which opened in 2018,” he said.

“…moreover, the plan is to open 30 Japanese grocery stores in the coming years,” he added.

Along with Japanese investment into the retail market, H.E Sok Chenda Sophea also said that Japanese investment will continue to increase while citing that there are around 200 Japanese restaurants operating in Phnom Penh and 50 in Siem Reap Province.

According to the same press release, 2016 was the year that private Japanese businesses really began to invest a lot in Cambodia amounting to about US$822 million.

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