On December 13, the signing ceremony of Sam's Club (Foshan) was held in Huagui Garden, Shunde. At the scene, Guangdong Shunkong City Investment & Real Estate Company signed a contract with Sam (Shanghai) Investment Company, marking this leading international retail brand Sam's Club will settle in Foshan.

Located at the east of Daliang, Shunde, the project is expected to open in 2026. The total investment of the whole land is expected to be 2 billion yuan, of which the fixed investment is 700 million yuan. The project consists of two floors on the ground, with a total market area of 19,000 square meters and more than 1,000 member-only parking spaces.

High-end retail resources accelerate launching in Foshan

Sam's Club is a high-end large-scale warehouse membership retailed store owned by the World's top 500 enterprises Walmart. Until November 2023, Sam's has opened 46 stores in China, including 2 stores in Guangzhou, 4 in Shenzhen, 1 each in Zhuhai, Dongguan and Huizhou. Accordingly, 7 stores are in operation and 2 stores are under construction. This signing also marks the first arrival of Sam's Club in Foshan.

Huang Jianing, vice president of Walmart (China) real estate development, said that the quality of Shunde's business district, the purchasing power of its population and its daily demands all match the positioning of Sam's Club. Sam's Club hopes to build higher-quality projects in a shorter time and help boost local consumption.

The settlement of Sam's Club will also empower the quality and commercial level of Shunde region. Shunde government will provide the best quality services for the project construction.

Relying on the service advantages of well-known retail brands, Shunde is attracting more high-end retail resources to launch in the district.

On November, Shunde has introduced several new brands, such as NITORI, MELAND CLUB, STAR LEGEND, and MUJI two-storey latest brand store to create a comprehensive consumption destination.

The settlement of Sam's Club's will undoubtedly accelerate the strong rise of Shunde's modern service industry.

The value of proposed projects reaches 100 billion yuan

Shunde's investment promotion has made remarkable achievements. From January to November 2023, Shunde District has signed 187 industrial investment projects (above 100 million yuan), with a total investment of 108 billion yuan. Many high-quality projects have been settled.

Shunde has expanded multiple investment channels and conducted flexible incentive methods, gathered strong investment partners, and built a board and diverse investment network.

Reporter | Rouly

Revisor | Eddie, Lynn

Photo | Shunde Investment Promotion Bureau