HomeGood BusinessIKEA opening world's biggest store in the Philippines by 2020

IKEA opening world’s biggest store in the Philippines by 2020

Cypher Learning
Cypher Learning

IKEA, the renowned Swedish furniture company, has confirmed to media early this week that it will open their first store in the Philippines by 2020.

Speculations about the IKEA Philippines store began in 2013 and sparked early 2018 as IKEA Sustainability and Communication Director Lars Svensson said that they’ll announce exactly when they’ll open their first store in the Philippines.

SM Prime Holdings will construct the world’s biggest IKEA store at the MOA Complex in Pasay City.

The IKEA Philippines store is estimated to cover 65,000 square meters and will cost Php7 billion in initial investments for the opening according to IKEA Southeast Asia.

Facebook Comments
The Good News Pilipinas Team
The Good News Pilipinas Team
The Good News Pilipinas Team is a group of Filipino journalists who advocate putting more good news stories about the Philippines and Filipinos on the media.

Get Your Dose of Good Vibes!

Power Up Your Positivity! Catch all the Good-Vibes! Join the GoodNewsPilipinas.com VIP list and get your daily dose of sunshine and Pinoy Pride! Unwrap stories that put Filipino awesomeness in your life! CLICK the subscribe button for our e-newsletter and turn your inbox into a fiesta of feel-good news! Inspire your day, fuel your pride! 🇵🇭✨

- Advertisment -

Top Stories