Find in the news:
BY COUNTRY

New Hong Kong center may open close to border with mainland China



A lawmaker has confirmed that a new center may be opened close to the Lok Ma Chau border checkpoint.


Wong Ting-kwong, a representative of the import and export sector, has revealed that a deal has been struck with a group of villagers to convert a 420000 sq ft site into an outdoor shopping center. The site is located on the convergence of San Tin Tsuen and Castle Peak Roads, which is currently being used for car repair workshops, warehouses and parking. The plan is to make use of hundreds of shipping containers to quickly convert this area into a shopping center in time for the ‘golden week’ holiday which commences on October 1.


This plan is being implemented after residents of towns such as Tuen Mun and Sheung Shui expressed their anger at traders who purchased goods in Hong Kong to resell on the mainland. They state that it places tremendous pressure on public transport and stores selling necessities.


Wong has expressed hope that tenants will be moved out by the end of May so that work on installing the containers can be commenced. The plan is to rent half of these containers to Hong Kong brand retailers, one third to those selling products such as diapers, milk powder, sportswear and clothing, and the balance will be for those providing beverages and food.


The investment into this new center will be hundreds of millions of dollars and it will be able to provide facilities for 3000 visitors each hour.


A district councilor and a travel agent have cast doubt over the difference this project will eventually make.


According to the honorary president of the Inbound Tour Operators Association, Charles Ng Kwong-wai, the development will potentially be used mostly by tourists making use of the individual visit scheme, which allows residents of 40 of the mainland cities to visit Hong Kong outside of group tours. He stated that those who travel with groups were unlikely to make use of this facility as they have access to malls in convenient areas such as Yau Tong and Kwun Tong.


The district councilor of Tuen Mun district, Kaman So Ka-man, said tourists will be attracted by the diversity of the products and price, but malls will react to this by offering more discounts.


Those making use of the individual visit scheme increased by 7.6%, to reach 16.5m during last year. The number of visits by Shenzhen residents, who were allowed multiple trips to the city, reached 14.9 million. This figure has increased by 22.2% compared to 2013. During last year, the total visits by mainlanders reached 47.2m. This is an increase of 16% on the previous year.


This increase in visitors has sparked protests and concern. Activists based in Tuen Mun stated that almost 12000 people from the mainland arrived on buses during a three-hour period during last month. It was later agreed by Citybus that they would stop selling bulk tickets to malls, which had made use of free transport to attract shoppers.


More about shopping malls in Hong Kong



TODAY:
The brand unveiled two significant retail landmarks in Paris.
YESTERDAY, USA:
The luxury brand has recently unveiled its latest retail venture.
Jul 12, 2024, India:
Crocs has entered into a strategic partnership with Apparel Group India.
Jul 11, 2024, USA:
Italian luxury brand Brioni has expanded its presence in Texas with the opening of a new store in Houston.
Jul 10, 2024, Canada:
Best Buy Canada is set to make a significant expansion into smaller communities across Canada.
Jul 9, 2024:
Forever21 initiated its exit from Colombia by shuttering its flagship store in Bogotá.
Friend
and Follow
Arkadia GLA:1 184 030 SF
ADDRESS: Aleja Jana Pawla II 82, 00-175
Poland . Warsaw
Arkadia
South Coast Plaza GLA:2 800 000 SF
ADDRESS: 3333 Bristol St, Costa Mesa, CA 92626
USA . Los Angeles
South Coast Plaza
Greenwood Park Mall GLA:1 164 000 SF
ADDRESS: 1251 US Highway 31 N, Greenwood, IN 46142-4514
USA . Greenwood
Greenwood Park Mall
Woodfield Mall GLA:2 200 000 SF
ADDRESS: 5 Woodfield Mall, Schaumburg, IL 60173
USA . Schaumburg
Woodfield Mall


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us