![Inter IKEA Centre Group China](https://cdn.i.haymarketmedia.asia/?n=campaign-asia%2fcontent%2f40086_story_images.jpg&h=570&w=855&q=100&v=20170226&c=1)
Copenhagen-based IICG plans to invest US$1.2 billion in China over the next five years. It currently operates 28 shopping centers worldwide each with an IKEA store establishment. According to a company statement, the China plan involves building two ‘super regional shopping centers’ in Beijing and Wuxi.
IICG's flagship store will be based in Beijing along with a second IKEA retail outlet. Construction is set to finish in 2013 for Wuxi and 2014 for Beijing.