Thursday, October 16, 2008

Dubai-based group to generate 5,000 job opportunities: Daily Times

Staff Report

ISLAMABAD: A delegation of MAF Hypermarkets Pakistan (Pvt) Ltd on Wednesday apprised Saleem H Mandviwalla, Chief of Board of Investment (BoI) regarding their investment plans to reduce inflation in the country.MAF Hypermarkets Pakistan (Pvt) Ltd, a company of MAF Hypermarkets LLC Dubai was led by Daniel Penco, Country Head and accompanied by Mubashir JALILI Vice President Development Pakistan and Shaukat Bhatti, GM Finance.The delegation informed that MAF Hypermarkets LLC, Dubai is in the process to generate 5,000 direct employment opportunities through ever first retail chain of 10 stores– Hypermarkets within next 5 years in Pakistan, 500 job opportunities for each Store (5,000 jobs for 10 stores) to reduce inflation. MAF Hypermarkets would help to reduce inflation by discount price policy, which puts pressure on retail prices and supports economic growth, contributes to modernise the manufacturing industry and transfer of retail knowledge. MAF Hypermarket is committed to create and promote export opportunities for international stores from Pakistan.

For more on this article, please click on the following link: Dubai-based group to generate 5,000 job opportunities: Daily Times

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