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FINANCIAL NEWS
Emeriti Lulu group to invest USD300m in Malaysia
24 Nov 2015
(MENAFN) Lulu Group, the Abu-Dhabi based entity with operations spanning a vast geographical landscape, and spearheaded by the retail division, will soon launch its first out of 10 hypermarkets in Malaysia.
The group which currently operates 118 Hypermarkets and Shopping Malls in the Middle East and India, will invest a total of USD300 million in the Malaysian hypermarkets which will roll out over the next two years.
Today the whole world knows about Malaysia’s economic stability, investor friendly approach, liberalized policies and world-class infrastructure, thus comes the Lulu’s confidence about its success in the country.
Lulu group is widely known for its world-class shopping experience, highest quality products and excellent customer service, hence it’s very excited to bring a whole new world of shopping to the residents of Malaysia.
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