Hyundai Engineering wins US$164m bid to build third AEON Mall

Hyundai Engineering of South Korea has won a US$164 million project to build the third AEON Mall in Cambodia, according to a Hyundai staff member quoted in the Korea IT TIMES on 19 April 2020.

This project is to build a five-story shopping centre and parking facility on a total area of 174,000 square meters which is larger than sum of the AEON Mall I (68,000 square meters) and Sen Sok AEON II (100,000 square meters) combined.

According to the CDC, the construction site is located in Prek Ta Long 3 village, Chak Angre Kroom commune, Meanchey district, Phnom Penh. The construction period will be about 27 months after starting and this third shopping mall will open in 2023. (Read more)

This is the second time that Hyundai Engineering has won a construction project from AEON Mall (Cambodia) Co., Ltd, one of Japan’s largest distribution groups, which operates more than 200 shopping centers around the world. The first project was US$120 million AEON Mall 2 located in Sen Sok District of Phnom Penh which opened in May 2018. (Read more)

According to Korea IT TIMES, since it first entered the Cambodia construction market in 2009 Hyundai Engineering has carried out a number of projects in Cambodia including local road maintenance and improving the KOICA HRD Center, the ACLEDA Bank extension project, and the new Phnom Penh Tower construction project.

- Video Advertisement -

Related Post

Tourism Standard Port Planned for Construction in Kampong Cham Province

The Ministry of Public Works and Transport and Kampong Cham Provincial Administration inspected and evaluated the location of the river bank in Kampong Cham City for the construction of a tourism port. HE Kim Sann, Under-Secretary of State of the Ministry of Public Works and Transport, Mr Heng Vanny, Deputy Governor of Kampong Cham Province, […]

Saudi Arabia to Welcome World’s First ‘Dragon Ball’ Theme Park Covering 500km2  of Land Area

Toei Animation has announced that Saudi Arabia will be the site of the world’s inaugural theme park based on the beloved “Dragon Ball” franchise, marking a significant milestone in entertainment ventures. The Japanese studio has entered into a strategic partnership with the Saudi government’s Public Investment Fund (PIF), with the latter funding construction and associated […]

UNIDO Partners with Cambodia to Pave the Way for Green Industrial Parks

The Ministry of Industry, Science, Technology & Innovation (MISTI) of Cambodia has joined hands with the United Nations Industrial Development Organization (UNIDO) to spearhead the development of eco-industrial parks (EIPs) in the country, fostering a sustainable approach to industrial growth. In an official meeting held on March 26, HE Hem Vanndy, Minister of MISTI, along […]

Cambodia and Laos Discuss Plans for Border Crossing Bridge

Cambodian government and the Government of Laos PDR are in talks regarding the construction of a border crossing bridge, enhancing bilateral cooperation between the two nations. PM Samdech Hun Manet of Cambodia and PM HE Sonexay Siphandone of Laos PDR deliberated on this significant project during their meeting in Vientiane on March 25. The proposed […]

Thirteen Korean Companies Eye Increased Investment in Cambodia

Thirteen prominent Korean companies, led by Mr. Hacheong Yun, Director General of the Korea Trade and Investment Promotion Agency (KOTRA Phnom Penh), have expressed keen interest in expanding their investment footprint in Cambodia. The delegation met with Deputy PM Sun Chanthol to explore lucrative investment opportunities, capitalizing on Cambodia’s promising economic landscape. During the meeting, […]

World Bank Allocates US$35 Million for Climate-Resilient Road Project in Cambodia

The World Bank has greenlit an additional US$35 million credit to fortify road infrastructure against climate change impacts in three Cambodian provinces, as announced in a recent press release. This allocation, approved by the World Bank’s Board of Executive Directors on March 15, supplements the ongoing Cambodia Road Connectivity Improvement Project (RCIP), aimed at enhancing […]