Aeon postpones Yangon shopping mall construction after coupA slogan is written on a street in Yangon on Feb 21, 2021, as a protest after the coup in Myanmar. (Reuters photo)YANGON: 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. 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 Myanmar government had approved a $180 million project-related investment last year.

Source: Bangkok Post May 19, 2021 11:22 UTC