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Tuesday, January 29, 2008

Mydin proposes to build country’s biggest hypermarket in Kelantan

KOTA BARU: MydinWholesale Emporium Sdn Bhd plans to establish the biggest hypermarket in Malaysia at the New Tunjong Township here.

The proposed RM100mil facility would sit on 7.2ha with a floor space of 650,000 sq ft and generating about 3,000 of direct and indirect employment opportunities.

Earthworks on the latest outlet should begin by July and operations commence within a year, said managing director Datuk Ameer Ali Mydin yesterday after the signing of a memorandum of understanding (MoU) between Mydin and Tunjong Development Corp Sdn Bhd, a subsidiary of Mentri Besar Inc, for the hypermarket project.

“It is a fast-track project and the construction of a hypermarket is not an arduous feat in terms of building and infrastructure. We are confident of unveiling it next year,” Ameer said.

Since Mydin started and grew in Kelantan, it was only appropriate for the supermarket and hypermarket chain to invest in the east coast state, he added.

The biggest hypermarket in the country currently is also owned by Mydin, which also operates 24 emporiums and another hypermarket.

The Subang Jaya, Selangor, facility has a built-up area of 500,000 sq ft.

Mydin is also embarking on an expansion exercise which would see it operating six more hypermarkets including the one in Tunjong by next year.

At the same event, an MoU was inked between Kelantan Utilities Mubaarakan Holdings Sdn Bhd, Perak-based Kinson Manufacturing Sdn Bhd and Kelantan Handicraft Foundation for the formation of a joint venture company called Masna Pipes Industries Sdn Bhd.

Masna will make and supply asbestos cement water pipes for the east coast market.

Kelantan Utilities is the parent company of state water utility Air Kelantan Sdn Bhd.

By The Star (by Ian Mcintyre)

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