UAE’s Al Ghurair to build largest mall
• Dubai’s Al Ghurair eyeing to build Lanka’s largest mall.
• Al Ghurair Investment is a diversified industrial group with a presence in more than 20 countries on four continents. Our core focus is on Foods, Construction, Resources and Properties with additional sector participation in Retail, Printing, Energy and Education.
• Al Ghurair is one of the largest diversified industrial enterprises in the Middle East, with global reach and business roots stretching back half a century.
• The Al Ghurair name is synonymous with the UAE and we are proud to be part of its rich heritage.
• With a history of pioneering innovative businesses built upon excellence, trust and responsibility, we have a deep commitment to enhancing life in the communities we serve.
Al Ghurair Investment LLC, United Arab Emirates, is looking to build Sri Lanka’s largest shopping mall in Colombo, its Chairman Essa Abdulla Al Ghurair said.
Speaking to Daily News Business on the sidelines of the World Islamic Economic Forum he said they are already in Sri Lanka with their flour mill operations through Serendib Flour Mills.
This was set up with the objective of providing an uninterrupted supply of wheat flour to Sri Lankan consumers is one of the modern and the largest single line wheat flour mills.
He said that today Sri Lanka is attracting a lot of high end tourists and also Sri Lankans buying power has increased. “I am not saying that Sri Lankans does not have quality shopping but they are located everywhere.”
Al Ghurair said that this is a cause for concern especially for tourists.
“This is why I am planning to invest in the biggest shopping mall in the region by setting up an Al Ghurair shopping mall which would be the first of its kind in Sri Lanka. The mall would service all consumer requirements, under one roof.”
He said that this would also be another major plus point for Sri Lanka to attract more regional tourists specially the large South Indian segment that go overseas for shopping.
Al Ghurair Investment LLC, is a diversified industrial group with a presence in more than 20 countries on 4 continents.
Their core focus is on Foods, Construction, Resources and Properties with additional sector participation in Retail, Printing, Energy and Education.
Expanding their footprint in Sri Lanka with this iconic investment would lead other Big Players in the Gulf to take notice of Sri Lanka’s market potential for luxury life-style enhancement investments.
OSL is ready to support similar investments with our local business matchmaking expertise and strong links spread all over the island.
Just ask for a free consultation with the biz-friendly OSL Team to learn more now.
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