Major Cineplex comes to Cambodia
Thai-based movie theatre company Major Cineplex said it will build “a high-end lifestyle and entertainment complex” at the Aeon mall in Phnom Penh, hoping to capture Cambodia’s youth market in what it believes is a stable business environment for its entertainment products. While it sees prospects in Vietnam and Indonesia, Major’s director of business development, Jim Patterson, said Cambodia is its next most attractive location, due largely to its commercial rental market stability and cost effectiveness. “The problem is finding a reasonable landlord and rent, with a reasonable location and a reasonable upside, and Cambodia met the criteria first,” Patterson said. …
http://www.phnompenhpost.com/2013021461365/Business/major-cineplex-comes-to-cambodia.html
