IKEA Nanning is located in the west of Pingle Avenue in Liangqing District, Nanning, on the south side of Songxiang Road. The project covers an area of about 64 mu and the total planned investment is 163.85 million US dollars. The land for the project was transferred in August 2017. The land area is about 500,000 square meters of earthwork. Up to now, 450,000 square meters have been cleared. Due to surrounding roads and construction of No. 8 and No. 13 roads, the remaining 50,000 square meters of earthwork cannot be cleared temporarily. It is understood that the IKEA project is expected to officially start construction in August this year and be fully completed and accepted in 2020. IKEA Nanning Co., Ltd., as one of the enterprises with great influence, has certain radiation effects for the surrounding economic development after its completion.