Tuesday, November 1, 2011

Johor Premium Outlets grand opening on Dec 11

KUALA LUMPUR: Johor Premium Outlets (JPO), a shopping haven joint-venture project between Genting Bhd and Simon Property Group, is scheduled for a grand opening on December 11.

The project, located in Kulai, Johor, is 95 per cent complete, said Datuk Seri Idris Jala, chief executive officer of Pemandu, the government unit that oversees the implementation of the Economic Transformation Programme (ETP).

JPO, a project earmarked under the ETP to boost the economy via tourism, is expected to create more than 3,000 jobs.

"It is currently 95 per cent completed. More than 80 designer and brand names have confirmed their presence," Idris said at a briefing here yesterday that marked one year since the ETP was launched.

It was previously reported that the 330,000 sq ft centre will offer savings of 25 per cent to 65 per cent on brands that include Burberry, Coach, Tumi, DKNY, Giorgio Armani, Gap Outlet and Levi's.

On another matter, Idris said Strand Aerospace Malaysia Sdn Bhd (SAM), an Airbus-approved engineering services company, had sealed contracts with European companies, including Germany's Ferchau Engineering and the UK's Spirit Aerosystems. No details were provided.

Strand Aerospace is spearheading an initiative to develop and position Malaysia as a hub for high value engineering services. It is also a project under the ETP.

In Penang, QAV Technologies Sdn Bhd has completed and started operating a light emitting diode and solid state lighting centre, with an expansion plan in the pipeline, Idris said.

This is the first American National Standards Institute-certified facility outside of the US.

The government's Small Retailer Transformation programme, or TUKAR, has benefited 315 shops across the nation, he said.

The programme, aimed at modernising small-time retailers to increase their level of competitiveness, is targeting 500 shops this year.

By Adeline Paul Raj

No comments: