Makro Cash and Carry to invest $300m in Pakistan

[LRE]

Makro Cash and Carry to invest $300m in Pakistan

ISLAMABAD: A team of leading local and international investors held separate meetings with the Prime Minister, Syed Yousaf Raza Gillani and showed keen interest in furthering their investments in Pakistan.

Makro Cash and Carry would invest $300 million for setting up of 30 more retail outlets in Pakistan. Mr Farhad Zulfiqar, Executive Chairman, Makro Habib Pakistan told the Prime Minister that Makro Cash and Carry has 172 stores worldwide in five countries of Asia and four countries of South America and has an annual turnover exceeding four billion Euros. staff report

http://www.dailytimes.com.pk/default.asp...2008_pg5_6