Indonesian Political, Business & Finance News

Pluit's Wal-Mart opens

| Source: JP

Pluit's Wal-Mart opens

JAKARTA (JP): The country's second Wal-Mart Supercenter will
open today in Megamall Pluit, North Jakarta.

The supercenter is owned by PT Multipolar Perkasa, a
subsidiary of the Lippo Group, which holds a 100 percent
franchise agreement with the United States-based Wal-Mart Stores.

Multipolar opened its first Wal-Mart Supercenter last year in
Karawaci's Lippo Supermall in Tangerang.

Pluit's Wal-Mart was larger than Karawaci's because it
occupied 17,018 square meters over four floors at the new
Megamall shopping and entertainment complex, the company stated
yesterday.

The Wal-Mart at Karawaci occupies three floors and 16,486
square metres of floor space. (04)

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