Alfamidi Unaffected by Modern Retail Restrictions in Rural Areas
PT Midi Utama Indonesia Tbk (Alfamidi) is targeting the opening of approximately 200 new outlets throughout 2026. The capital expenditure (capex) for these 200 stores is estimated at around Rp 1.5 trillion.
“The capex requirement is approximately Rp 1.5 trillion,” stated Suantopo Po, Corporate Secretary of PT Midi Utama Indonesia TPK, following the Annual General Meeting of Shareholders (RUPST) at the Alfa Tower, Alam Sutera, Tangerang, on Thursday, 4 June 2026.
Suantopo noted that by the end of 2025, the number of Alfamidi outlets reached 2,587, comprising 2,503 Alfamidi stores, 80 Alfamidi Super stores, and 4 Midi Fresh stores, distributed across Java, Kalimantan, Sumatra, Sulawesi, Maluku, and Papua.
Regarding the restrictions on modern retail outlets in rural areas, Afid Hermeily, Corporate Legal & Compliance Director of PT Midi Utama Indonesia Tbk, assessed that the policy has not yet impacted the company’s operations. This is because Alfamidi’s business concept focuses more on urban areas.
“Given our business concept, which is more concentrated in urban areas and does not extend into rural regions, these restrictions have not yet impacted the company,” said Afid.
Nevertheless, Afid emphasised that the company will continue to adhere to the regulations set by both local and central governments regarding the management of modern retail businesses. “We remain compliant and subject to the applicable regulations, as provisions may differ in each region,” Afid added.
Afid further noted that Alfamidi management respects and supports the government’s programme regarding the formation of the ‘Koperasi Desa Merah Putih’ (Red and White Village Cooperatives). The company believes that every business actor possesses different business models, segmentations, and target markets, allowing them to complement one another in meeting community needs.
When asked about the possibility of collaborating with Village-Owned Enterprises (BUMDes) or the Red and White Village Cooperatives, Afid provided a diplomatic response: “In principle, the company respects and supports government programmes and policies and will comply with all applicable regulations.”