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HomeLatest newsHaikou: Asia’s largest duty-free shopping city to open in 2022

Haikou: Asia’s largest duty-free shopping city to open in 2022

Haikou duty-free shopping city

The Haikou Duty-Free mall project is located on the west coast of Haikou (on the east side of Xinhai Port).

The planned area of the project is 675 acres, and the total construction area is around 926,000 square meters with a total investment of 12.8 billion yuan.

After it is completed, the business area will be twice the size of the Sanya duty-free mall, and it will become the largest duty-free mall in Asia.

Haikou Duty-Free International City
Haikou Duty-Free International City

The project is composed of six plots including, tax-free commercial buildings, office buildings, service apartments, residential buildings, luxury hotels, and commercial streets.

It is reported that the fifth plot which is currently under construction is the tax-free commercial section of the project, it has a total construction area of 290,000 square meters.

Aerial photo taken on April 10, 2022 shows the construction site of Haikou duty-free shopping complex in Haikou

After completion, it will form a multi-element complex with tax exemption as the core, covering tax-free retail, cultural entertainment, business offices, catering, accommodation and a travel retail complex.

The Haikou duty-free shopping complex project is expected to officially open this year.

Related article: Invest in Hainan, development and policies for Hainan duty free industry

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