![]() ![]() ONGs and national institutions heavily criticized the project as soon as it was announced in 2011, arguing that the Mexican government did not conduct environmental impact assessments. In conjunction with Mexican investors, Chinamex commenced construction of Dragon Mart Cancún, a $US180-million investment that includes 3,000 storefronts, along with apartments for the families of mall workers. In November 2016, Chinamex allocated an extra $200 million to roll out the second part of the project: a palatial hotel, restaurants area, and a recreational area. Ħ months after the opening, 95% of store occupancy was reached. Dragon City Bahrain is a first-of-its-kind development that encompasses over 787 commercial units, making it the largest wholesale and retail trading centre in the Kingdom of Bahrain. Characterized by its oriental architecture, it also included 300 residential apartments. With an investment of $100 million, the Dragon City opened in December 2015. Nass Corporation was commissioned to build the mall. In September 2013, Chinamex signed a memorandum of understanding with the Diyar Al Muharraq authorities for the construction of a 120,000 m2 wholesale and retail mall entertainment complex in Bahrain branded as Dragon City. Dragon Mart 1 was established in 2004 and a second mall, Dragon Mart 2, was completed in December 2015. The first mall developed by the company was Dragon Mart in Dubai, United Arab Emirates, a sprawling development located at Dubai International City that was referenced in an article in The New York Times as a key project in the expansion of Chinese ties in the Persian Gulf countries. ![]()
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