Breaking News, World News and Taiwan News.

Major Japanese developer to build Linkou outlet complex

TAIPEI--Mitsui Fudosan Co., Ltd., a major real estate developer in Japan, will construct a brand name outlet complex in Linkou Township in New Taipei, the city government said Thursday.

Takeshi Suzuki, managing director of the Japanese company, signed an investment deal with New Taipei Mayor Eric Chu that same day to implement the project under the build-operate-transfer model.

At the signing ceremony, Chu said the cooperation project reminds him of Odaiba, an artificial island in Tokyo Bay, which has convenient transportation and sophisticated living facilities.

The complex will help attract people to shop and live in Linkou, the mayor said.

It is hoped that Mitsui Fudosan's first project in Taiwan will be successful, Chu said, noting that the company operates 12 brand name outlets in Japan.

Apart from brand name stores, a cinema and restaurants will also be included in the complex, which means patrons could spend all day there, Suzuki said.

With an initial investment of NT$5.45 billion (US$182 million), the project will be constructed on a 6.74 hectare plot close to the Airport Access MRT System and the Linkou Interchange of Freeway No. 1, said Yeh Huey-ching, director of the city government's department of economic development.

With its luxury stores, cinema, food court and supermarket, the mall will become a new leisure spot in northern Taiwan, Yeh said.

The project is scheduled to be completed in 2017 and is expected to create 2,000 new jobs, according to the city government.

Write a Comment
CAPTCHA Code Image
Type in image code
Change the code
 Receive China Post promos
 Respond to this email
 TSMC posts stellar quarter as telecom demand surges 
New Taipei City Mayor Eric Chu (朱立倫), left, and Mutsui Futosan Managing Director Takeshi Suzuki (玲木健) shake hands to mark the signing of the “Linkou Jung-Shang 36”(林口中商36) build-operate-transfer development project, yesterday.

(CNA)

Enlarge Photo

Subscribe  |   Advertise  |   RSS Feed  |   About Us  |   Career  |   Contact Us
Sitemap  |   Top Stories  |   Taiwan  |   China  |   Business  |   Asia  |   World  |   Sports  |   Life  |   Arts & Leisure  |   Health  |   Editorial  |   Commentary
Travel  |   Movies  |   TV Listings  |   Classifieds  |   Bookstore  |   Getting Around  |   Weather  |   Guide Post  |   Student Post  |   English Courses  |   Terms of Use  |   Sitemap
  chinapost search