Hyundai Win Aeon Mall 2 Contract

South Korea’s Hyundai Engineering Co. has won a USD120 million contract to build the second Aeon Mall in Phnom Penh.

The deal will see Hyundai build the Japanese retailer’s second Aeon Mall at the Pong Peay site behind Borey New World in the capital’s north-western Sen Sok District. The planned four-storey mall will cover a floor area of 151,000 sq.m and feature large stores, a cinema, bowling alleys, small shops and a food court.

Construction is expected to be completed by May 2018. Hyundai has indicated it intends to bid for other Aeon projects in its expanding markets in China, Indonesia and Vietnam.

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