Aeon, which is a Japanese retail and financial services corporation, has announced plans to build its first compound in Egypt. The compound, which is to be called Aeon 6 October, will be located in 6th of October City, a suburb situated 32 kilometers southwest of Cairo.

The compound is expected to cover an area of 7000 square meters and is set to include a hypermarket, department stores, a food court, restaurants, cinemas and a children's amusement park. According to Aeon, the compound will offer a unique shopping experience and will cater to the whole family.

The compound marks Aeon's first entry into the Egyptian market, and it is expected to create job opportunities for the local community. The company plans to hire Egyptian employees and provide them with training and development opportunities, in a bid to strengthen its corporate social responsibility.

Aeon's decision to invest in Egypt comes at a time when the country is working to overhaul its economy and attract foreign investment. The Egyptian government had recently made efforts to offer incentives for foreign investors, including tax exemptions and streamlined approval processes.

Aeon has a significant presence in Asia, with over 21,000 stores across Japan, China, Southeast Asia, and India. The company has a reputation for offering high-quality retail products and services, and it is expected that the same standards will be applied to the Aeon 6 October compound in Egypt.

The announcement of Aeon's entry to Egypt has been met with enthusiasm by the local community, who see the compound as a sign of growth and development in the area. Many are looking forward to the unique shopping experience offered by Aeon 6 October, as well as the job opportunities it will create.

In conclusion, Aeon's investment in Egypt is a positive development for the country's economy and is expected to provide various benefits to the local community. The launch of Aeon 6 October is a significant step towards promoting trade and commerce in Egypt, and it marks the beginning of what can be a long and fruitful partnership between Aeon and Egypt.