Malaysian-based Mall Set to Open

• 15 January 2018
• Property Focus
• 4980 Views

International malls have eyed Cambodia as an emerging investment for some years as the middle class consumers grow. Cambodia now is set to experience a new shopping style when Malaysian-based Phnom Penh Mega Mall opens for business in early 2018.

Initially called Parkson and later formally named Phnom Penh Mega Mall, the newly developed 11-storey shopping mall is about 200 meters from the Techno flyover along the Russian Boulevard.

After commencing building in late 2012 and due to open in 2016 or early 2017 it has been delayed. However, Phnom Penh Mega Mall General Manager Rofy Othsman told a local news that the retailer will give the green light for business by the beginning of 2018.

According to Mr. Rofy the retailer outlet has the capacity to accommodate 1,500 cars, and 3,000 motorbikes in its parking space. The mall is going to offer a wide range of products with a supermarket in the underground floor, opening its door from 9am until 10pm and an entertainment department that will open until 2am.

“The Cambodian people will enjoy a new style experience with various products from international brands,” he said. “We [Phnom Penh Mega Mall] mainly target the locals by saving their time and money of shopping overseas since the well-known brands have already stepped to nation,” he added.

The soon-to-open downtown capital hypermarket measures 165,000 square metres, and is expected to create job opportunities to serve the expected 4,000 people per day. The mall is not only aimed at providing entertainment and shopping, but also as tourist attraction site, he explained.

Incepted in 1987, Parkson Asia Limited is a subsidiary firm of Lion Group, which is a Malaysian investor that currently plans to further expand its mall department stores and already boasts a total of 115 outlets in Malaysia, China, Vietnam Indonesia, and Myanmar, according to the Lion Group website.

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