LuLu Group opens first hypermarket in Malaysia

Kuala Lumpur: UAE-based retail major LuLu Group has boosted its retail presence in the Far-East by opening the first LuLu Hypermarket in Malaysia. 

The 250,000 sq. ft. hypermarket was inaugurated by the Malaysian Prime Minister Najib Tun Razak in the presence of Dr. Ahmed Zahid Hamidi, Dy. Prime Minister and other cabinet ministers, government officials and dignitaries.

The group had recently announced its plans to invest US$300 million as part of its expansion and intends to set up 10 hypermarkets in the next 5 years in the country besides a central logistics and warehousing facility.

“These projects are likely to generate more than 5,000 job opportunities for Malaysians,” said Yusuffali MA, Chairman, LuLu Group while commenting about the first LuLu hypermarket in the country.

The new hypermarket, which is located in the CapSqaure Mall Jalan Munshi area of Kuala Lumpur, will draw a large segment of population from all walks of life with its attractive product offers and range. 

It is spread in three levels and combines everything from grocery and supermarkets products to fashion, household and gadgets. Fresh seafood and locally grown produce are some of the key highlights in the supermarket area.

“We also plan to set up contract farming to ensure continuous supply of high quality products and to support the Malaysian agriculture sector,” he said. “Today the whole world knows about Malaysia’s economic stability, investor friendly approach, liberalised policies and world-class infrastructure and we are confident about our success here and our hypermarkets encompass both supermarket and department store formats and we intend to bring a whole new world of shopping to the residents of
Malaysia.”

The LuLu Group Chairman added that other hypermarkets would be opening in Kota Baru (Kelantan), Shah Alam (Selangor), Johar Baru, Bangi, Ipoh (Perak), Malacca, Penang and Kuala Terengganu.

Speaking at the inaugural ceremony, Prime Minister Najib Razak said, “We are very pleased to welcome LuLu brand to Malaysia as this will pave way for more international brands to come and invest in Malaysia. I am also hopeful that LuLu will surely open many more hypermarkets and malls not only in Kuala Lumpur, but also in other parts of Malaysia.”

Apart from the 10 hypermarkets, which are already planned, Yusuff Ali also announced the group’s plan to invest another US$500 million in setting up the largest shopping mall in Malaysia.

During his official visit to UAE in 2014, the Malaysian PM had visited LuLu hypermarket in Abu Dhabi and expressed keen desire to have LuLu in Malaysia. He was impressed by the high standards of operations, quality of products & service and also the wide variety of products available in LuLu.