UAE based Lulu Group set start its operations in the Philippines
Lulu Group International, ahighly diversified entity based inthe United Arab Emirates (UAE) start operations inthe Philippines by setting up its state-of- art- logistics and export center. In a bid to strengthen its reach in the ASEAN countries and launch “MAY Exports Philippines Inc.”
Ideally located at Calamba Premiere International Park, the new center will be primarily engaged in sourcing, storing, packing and exporting fruit, vegetables and other commodities from the Philippines to its more than 150 Hypermarkets spread across GCC countries & Egypt. This move by the Lulu Group will further boost its sourcing operations and help bring quality Filipino products for its large customer base acrossmany countries.
“It is part of our ongoing strategy to set up own sourcing and food processing units around the world to ensure uninterrupted supply andmaintain competitive pricing by eliminating third parties. The Philippines has a vast variety ofFruits, Vegetables, Ethnic Filipino Food products, Frozen food and an extensive range of other commodities like health & beauty, garments, footwear etc”, said YussufAli MA, Chairman and Managing Director of Lulu Group.
“We are working closely withthe Philippine Economic Zone Authority (PEZA) to boost ourexport of these products from the Philippines to our Hypermarkets spread across Middle East & North Africa (MENA) region, Malaysia and Indonesia”, he said.
“We have already started exporting about US$10million worth of fruits, vegetables and other commodities from the Philippines through our new facility, which will be increased to US$30 million within a year”, addedYussufali. At present, Lulu Group’s total trade volume of Filipinoproducts stands at US$ 35 Million which includes Import and Local purchase.
It is one of the Middle Easts top employers with a global workforce of more than 46.000 which includes more than 5,200 filipino staff.