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Aeon Eyes Shopping
Malls
Japanese retailer Aeon Group is reportedly planning to promote its Topvalu and Jusco brand products in Myanmar.
Aeon will open offices in Yangon soon as part of investment plans to develop retail outlets in the country, according to the Japanese news agency Kyodo.
Aeon has been expanding in Southeast Asia and now operates shopping malls in Vietnam, Malaysia and Thailand, and is planning ventures in Indonesia and Cambodia.
Aeon plans that its new office in Yangon will “lay the groundwork for launching a shopping mall in the country’s former capital and largest city by 2016,” said Kyodo.