Lulu Group to launch 2 projects in Abu Dhabi Food Zone

Abu Dhabi – Mubasher: UAE-based supermarket chain Lulu Group International plans to launch two projects in its Abu Dhabi Food Zone, ZonesCorp, an industrial organisation operating in the UAE's capital, said.

The retail giant is considering opening a 130,000 square metres of cold storage and separate warehouse.

Commenting on Lulu Group's new investments, Falah Al Ahbabi, chairman of ZonesCorp, said, “We are delighted at our collaboration with Lulu Group International in line with our sustained efforts to step up public-private partnership and promote Abu Dhabi’s sustained economic growth.” 

The projects are expected to be completed within 12 and 14 months, said Yusuff Ali M A, chairman and managing director of Lulu Group International.

“We believe the state-of-the-art food processing plant that we are looking to establish at ZonesCorp’s Food Zone in Abu Dhabi, will serve as a crucial component in meeting the growing demand of the global population,” Yusuff Ali added.

The retail giant, which operates hypermarkets and shopping malls, did not give further details regarding the projects' total cost. 

It is worth noting that Lulu serves up to 1.3 million shoppers daily across 157 branches in 10 countries. 

Mubasher Contribution Time: 26-Dec-2018 07:18 (GMT)
Mubasher Last Update Time: 26-Dec-2018 07:40 (GMT)