Construction work on the new Damodar City in the Northern Division will start in March 2016.
Damodar Group of Companies Chief Executive Div Damodar says the construction of Damodar City Labasa will cost $10 million.
He says Damodar City Labasa will be built on a newly sub divided land and therefore fresh surveys and civil engineering plans have been drawn up in order to obtain the formal title for the land.
Damodar City Labasa will have two or three cinemas, two supermarkets, two large department stores, a food court, at least 20 retail shops, offices, a museum, a warehouse, a family fun center, car and machinery show room and a car park for 500 vehicles.
Damodar says they may also have a hotel in the building.
The project will create jobs for 70 to 100 people during construction and over 250 people will be employed once the center opens for trading.
He had earlier said that people of Labasa will be able to watch movies at the cinemas and go to a state of the art shopping mall in Labasa Town by 2018 when construction of the new Damodar City is completed.
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