Aeon Mall postpones Yangon shopping mall construction after coup

Politics Economy

Aeon Mall Co., a developer of shopping malls under major Japanese retailer Aeon Co., has postponed construction of a mall being planned in Myanmar's largest city Yangon, according to a source familiar with the project. The shopping mall developer had eyed this summer to start construction, but uncertainty has arisen over the project following a February coup in the Southeast Asian country. No new target has been given. Aeon Mall has set up a joint venture with a local conglomerate with plans to open a shopping mall with the largest retail floor space in Myanmar in 2023. The source said that wh...

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