July 1, 2009
Business Topics Updated
■Mozo Wondercity Opens in Nagoya---Industrial Finance, Logistics & Development Group
Mitsubishi Corporation(MC) and AEON Mall Co. have been jointly working on the redevelopment of a shopping center in Nagoya since November 2007, and the new shopping center, named Mozo Wondercity, opened on April 21, 2009. With leading Japanese retailer JUSCO as its anchor store, Mozo Wondercity is Nagoya's largest mall, boasting.
■MC Signs Joint Study Agreement Regarding Development of Heavy Oil Resources in Venezuela---Energy Business Group
On April 6, 2009, MC joined Japan Oil, Gas and Metals National Corp. (JOGMEC) and INPEX Corp. in signing an agreement with Petroleos de Venezuela S.A. (PDVSA) regarding the implementation of a joint study to investigate the possible development of Orinoco heavy oil resources on the north bank of the Orinoco River in Venezuela.
■Mitsubishi Motor Sales (China) Commences Operations---Machinery Group
Mitsubishi Motor Sales (China) Co. Ltd. (MMSCN) commenced operations in Shanghai on April 1.


