Lulu to Set 30 More Hypermarkets in Indonesia

TheIndonesia.id - An investor from Abu Dhabi, Lulu Group, has planned to add 30 more hypermarkets in the country including Bali to strengthen its presence in the Indonesian retail sector.

The retail led by Yusuff Ali MA had previously owned five hypermarkets in various cities in Indonesia.

"We plan to continue to expand to open 30 other outlets, including in Bali as a major tourist destination," Yusuff Ali said in a statement received here on Sunday, 14 November 2021.

The first Lulu Hypermarket at Cakung in Jakarta was inaugurated by Indonesian President Joko Widodo in the Year 2016, he said.

In addition to the retail business, Lulu Group also sources and exports various food and non-food products from Indonesia.

"This includes textiles, fruit and vegetables, fresh and frozen fish, pre-packaged food products, handicrafts, accessories, fashion, and household goods to various countries throughout all Lulu Group retail outlets," Yusuff Ali said.

For the initiative step, he said that the sourcing facilities in Indonesia are partnering with thousands of Indonesian farmers, fishermen, small-scale entrepreneurs, medium and large-scale factories.

The group also exports rice, noodles, cookies, potato chips, wafer biscuits, and fish products in its own Lulu Brand from Indonesia to all countries in the Middle East region.

Meanwhile, Yusuff Ali MA received the Prima Duta Award from the Government of the Republic of Indonesia, which was one of the highest awards in the country.

The prestigious award is given to recognize contributions made in Indonesia's economic and commercial sectors.

The award was given by President Joko Widodo to Yusuff Ali MA at a ceremony held at the Emirates Palace in Abu Dhabi in recognition of Lulu Group's strategic investment in Indonesia.

"I feel proud and humbled to receive one of the highest awards from the Republic of Indonesia. I am very grateful to the President and the Government of the Republic of Indonesia. This recognition will further encourage us to have a strong presence in Indonesia's commercial sector," Yusuff Ali stated. (Antara)