(MENAFN- Gulf Times) The LuLu Group will open the largest hypermarket in the region in Doha's Al Messila area, Bin Omran, by mid-2015, the group's managing director Yusuff Ali M A told Gulf Times on Monday.
"We will also open another outlet in Wukair at the same time, taking the total number of outlets to eight in Qatar," he explained on the sidelines of the opening of the group's latest hypermarket in Barwa City.
Work on the outlets is progressing fast. "The upcoming hypermarket in Bin Omran will be able to match any of the international standards for hypermarkets."
Yusuff Ali said the group is working on a massive expansion plan in Qatar. "We plan to add more outlets in Qatar in the coming years. By 2020, we will reach the double digit in the number of outlets in the country. There is a great potential for investment in Qatar as the country is progressing day by day under the wise leadership of HH the Emir Sheikh Tamim bin Hamad al-Thani."
The LuLu Group managing director highlighted that the new hypermarket in Barwa City has several special features. "One of the specialties of the hypermarket is an organic division for food items, which makes it different from other hypermarkets. We will follow this practice in other hypermarkets also soon. The equipment in the outlet are of a higher standard and of an upgraded version. We want to give good service, good quality and good price to the people of Qatar."
He added that the LuLu Group would train Qatari nationals in retail marketing. "We are going to train Qatari nationals in the retail trade. This will enable them to get equipped for managerial positions."
The LuLu Group is also making its first retail push in Southeast Asia, with new hypermarkets in Malaysia and Indonesia, along with a planned investment of $500mn. The first LuLu hypermarket in Malaysia is expected to be opened by the third quarter of 2015.
Malaysia's Federal Land Development Authority, the world's most successful land development and resettlement agency, has partnered with the LuLu Group for the establishment of LuLu hypermarkets in Malaysia.
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