Mitsui Fudosan Co., Ltd. will develop the “(tentative name) Mitsui Outlet Park Kuala Lumpur International Airport (KLIA),” the first outlet project in Kuala Lumpur. We have signed a basic agreement with Malaysia Airports Holdings Berhad (MAHB), the land leaseholder and operator of 39 airports in Malaysia. Construction is set to begin in summer 2013, with the first phase opening in winter 2014. This marks our first outlet in Southeast Asia, and we aim to leverage our expertise in commercial development to seize opportunities in Malaysia’s growing market.
