On Wednesday in Islamabad, a meeting was held by a delegation of MAF Hypermarkets Pakistan (Private) Limited, a company of MAF Hypermarkets LLC Dubai, The meeting was attended by Mr. Daniel Penco, the company head, Mr. Mubashir Jalili Vice President Development Pakistan, Mr. Shaukat Bhatti, GM Finance, and freshly posted chairman of Board of Investment (BOI) Mr. Saleem H. Mandviwalla.
The BOI chief was apprised by the delegation in regard to their investment plans and operation. It also informed that MAF Hypermarkets LLC, Dubai is making efforts to bring down the inflation by generating 5000 direct Employment Opportunities within the next five years, through ever first Retail Chain of 10 Stores- Hypermarkets in Pakistan. This will provide 500 new jobs in each of the ten stores.
With the aim to put a stop to inflation, MAF Hypermarkets will follow discount price policy that imbibes pressure on retail prices and shore up economic growth. MAF Hypermarkets is also determined to facilitate Export opportunities for international Stores from Pakistan.
