The Dalian-based Wanda Group will expand its presence on Hainan Island with Hainan’s first Wanda Plaza, set to open in Haikou in 2017.
Located at the intersection of Haiyu Central Line and Yuhai Avenue, the Wanda Plaza covers a land area of 530,000 square meters, and will be built with an investment of 7 billion yuan. The project contains a large shopping mall, a walking street, and upscale residential properties. Large chain supermarkets, the Wanda movie theatre, home appliances chain stores, and more than 100 brand stores will open in the plaza.
Haikou unveiled its plans for expansion in malls development this year. New opportunities in the city have given the Wanda Group confidence to expand here.
As a key construction project in Haikou, the Wanda Plaza, which integrates shopping, dining, entertainment, business and leisure, will greatly improve the city's services level. The group will build the Haikou Wanda Plaza with a brand new business model to help contribution to Haikou’s development.
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