Vientiane Centre Shopping Mall opening postponed
Vientiane Centre Shopping Mall opening postponed
Opening day of the Vientiane Centre Shopping Mall, owned by the North Nongchan Complex Development Co., Ltd., has been postponed until March after it was originally scheduled for December 2 to coincide with Lao National Day
The company's Facebook page recently issued a letter of apology to customers saying the delay was due to certain decoration standards not meeting their high expectations.
The builder will continue to enhance the appearance of the mall as well as landscaping the surrounding area so as to make the Vientiane Centre even more attractive to draw in more international brands.
The mall is now expected to hold its grand opening on March 18-28, according to the letter. The four-storey shopping complex is part of the Vientiane Centre project, which is being developed on 5.3 hectares on the Nongchan marsh in Xaysettha district.
The three-phase project is being jointly developed by the Yunnan Construction Engineering Group Co., Ltd. and the Krittaphong Group Co., Ltd. with a concession period of 50 years and the option to extend for a further 20 years.
The shopping mall will feature a boutique supermarket and world famous brands of cosmetics, watches, fashions, jewellery, restaurants, cinemas, electronics and home appliances, furniture and so on.
The second phase of the project will involve the construction of hotels, clubs and lakefront businesses, and is expected to be finished in 2015. The third will see residential apartments constructed by 2016.
The last two phases will be developed at a cost of about US$50 million, bringing the total investment in the Vientiane Centre to US$120 million.
An underground carpark for the shopping centre will also be built, capable of accommodating more than 340 vehicles. Similar parking areas will come with the other two phases.
There are a number of malls under construction in Vientiane, which had been expected to open this year but have been unable to do so.
