Business

FamilyMart Malaysia’s factory to be completed by Q1 2022

New RM100 million factory would be located near current factory in Shah Alam

Updated 4 years ago · Published on 09 Nov 2021 8:15PM

FamilyMart Malaysia’s factory to be completed by Q1 2022
To date, FamilyMart has opened over 250 stores nationwide. – FamilyMart Facebook pic, November 9, 2021

KUALA LUMPUR – FamilyMart Malaysia's new factory with a total investment of about RM100 million will be completed by the first quarter of 2022 (Q1 2022) which will enable the convenience store operator to supply more stocks to its retail stores.

QL Resources Bhd executive director Chia Lik Khai said the new factory would be located near to its current factory in Shah Alam, Selangor.

“I believe it will create hundreds of job opportunities for Malaysians as it will need a big worker pool to work in the factory. Our key differentiator is FamilyMart will be hiring local citizens,” he said at the fifth anniversary celebrations with the introduction of a new concept ‘Food Superstore’.

QL Resources is the FamilyMart convenience store master franchisee in Malaysia.

The first ‘Food Superstore’ concept stores are located in Sri Petaling and Bandar Puteri Puchong.

He said the new concept store lives up to FamilyMart’s commitment to making modern consumers’ lives easier and better through products, services and amenities that meet their daily needs.

Besides, Chia said the company is planning to open up to 20 upgraded concept stores by the end of 2021.

He said normally every year, FamilyMart would open 80 to 200 new stores depending on market conditions.

“But now it depends on how the pandemic situation will pan out. Under retail stores, we will actually create job opportunities of around eight to 10 workers for every store open depending on the store size,” he said, explaining that the company is aiming to achieve 1,000 stores in 10 years since its first launch in 2016.

To date, FamilyMart has opened over 250 stores nationwide.

On increasing commodity prices globally, Chia said that like any food producer, FamilyMart is not spared from the supply chain disruption.

He said the company would try its best to mitigate the situation in the short term and does not plan to increase its product prices at this moment.

“But if the product prices keep increasing, we will eventually need to adjust them over the long term,” he said. – Bernama, November 9, 2021

Related News

Malaysia / 4mth

Police looking for trio involved in violent armed robbery in Penang (video)

Malaysia / 2y

KK Super Mart wins praise for quick response on inadvertent sale of offensive socks

Business / 2y

Scheduled water cut to cost millions in losses? Chow urges FMM to explain

Business / 3y

Alcohol sale ceased since March: FamilyMart 

Business / 4y

China factories ration power as heatwave sends demand soaring

Business / 4y

Manufacturing sales up 11.6% to RM135.3 bil in Sept: DOSM

Spotlight

Malaysia

Five fatal helicopter crash victims honoured in Sarawak state awards

Malaysia

No Malaysian is left behind; Budget 2027 puts people first - Anwar  

Malaysia

Panama hit by 6.4-magnitude earthquake

Malaysia

Haze blankets 33 areas with unhealthy air

Malaysia

Malaysia’s 2027 Budget is a steady one: people-oriented continuity rather than bold reform

Malaysia

Budget 2027: What is in it for me?

Malaysia

Budget 2027 steps up Sabah, Sarawak funding by RM2.2b amid push for development parity

Malaysia

Budget 2027: Maternity leave entitlement increased, minimum pension raised to RM1,350

You may be interested

Business

Budget 2027 targets foreign e-commerce platforms, channels billions into local firms and startups

Business

Oil slips on Trump’s Iran remarks, but supply risks and strong US dollar keep markets on edge

Business

Malaysia draws US$9.5b in orders for US$1.5b sukuk, cuts borrowing costs

Business

Budget 2027 channels RM270m to SMEs through crowdfunding, P2P financing