KUCHING: Due toencouraging response fromthe public, Mydin MohamedHoldings Bhd (Mydin) plansto build a RM67 millionwholesale hypermarket inMarch next year in Melaka.
The premise, which willbe located in Bandar JasinBistari, will be Mydin’sfourth outlet in the state.
According to a press release,managing director DatukAmeer Ali Mydin said landacquisition for the sixhectare factory site wouldcost RM7 million andconstruction another RM60million.
He added that thecontinued confidence in thepeoples’ purchasing powerprompted the investment inanother hypermarket in thestate.
“The state government isoffering various incentivesto lure investors to turnMelaka into a shoppersparadise for tourists.Thehypermarket will be readyfor commercial operationsin May 2011 and providebusiness opportunities forlocal retailers.”
Earlier, Ameer attended asigning ceremony for thepurchase of the factory landfrom the Melaka CustomaryLands DevelopmentCorporation (Pertam).
Melaka Chief MinisterDatuk Seri Mohd Ali Rustamwitnessed the signing of theagreement between Ameerand Pertam’s deputychairman Datuk As’ariIbrahim.
Ameer said Mydin’sbiggest hypermarket wasoperating at the MelakaInternational Trade Centre(MITC) and generated amonthly turnover of RM18million, while another twooutlets operated at MelakaSentral.
The Bandar Jasin Bistarihypermaket is expected tocater for consumers as faras Muar and Tangkak inJohor and will be Mydin’sforty-eighth outlet in thecountry, providingemployment to about 280people.