Sy-led integrated property developer SM Prime Holdings Inc., which has eight malls in China as of end-2023, is looking at opening new malls in Fujian province in the next few years.
"We still see a lot of potential for our China malls. As a matter of fact, we will be opening a phase of Xiamen, we call it Xiamen 4, by end of next year. We have a project in Haicheng in Fujian province opening also next year. And two years later there's another project," SM Supermalls president Steven Tan said.
Tan said the group continues to have confidence in the China market.
This story is from the April 29, 2024 edition of The Philippine Star.
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This story is from the April 29, 2024 edition of The Philippine Star.
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