The worlds largest mall can be found in Asia, where land is cheap and labor costs are low, enormous shopping malls are popping up in Dubai, China, and the Philippines, with India expected to jump into the fold soon. The latest to open: The Dubai Mall in the United Arab Emirates, a mini metropolis featuring 1,200 stores, a 22-screen movie theater and a five star hotel.
Based on gross leasable area, or the amount of space devoted to revenue-producing operations like stores, amusements and food, Asia is home to seven of the world's 10 largest malls, six of which have been built since 2004. That's added some 27 million square feet of shopping space to cities like Dubai, Beijing and Kuala Lumpur, Malaysia.
In the Philippines alone, these mega malls is filled with all the commodities of luxury and shopping extravaganza, making Asia the playground for the rich and the wealthy.
I took a snap picture of this simple cafe' shop, appreciating its structural details.. It dawn to me that growth is unstoppable, the economic power is well within Asia's reach to becoming the next power. The prophecy that one day the sleeping dragon will wake, thus in progress shows.
Antonio Genovia
Monday, August 10, 2009
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment