Majid Al Futtaim, the owner of Carrefour in Pakistan, signed a Joint Venture Agreement with the Defense Housing Authority (DHA) Lahore on April 26, 2022, to open two separate stores. Carrefour is owned and operated by the UAE-based company.
Umer Lodhi, the Country Manager for Carrefour Pakistan at Majid Al Futtaim Retail, signed the agreement with Administrator DHA Lahore and Thierry Louis Joulin, the Chief Operating Officer for Majid Al Futtaim Retail, at DHA Head Office in Lahore.
The stores will not only make the retail leader in the country more visible in the country, but they will also help at least 500 families through direct and indirect jobs.
Carrefour spent PKR 1 billion to open two new stores in Pakistan. This brings the total investment the retailer has made in the retail industry in Pakistan to PKR 11 billion. These projects show that Carrefour wants to be a trusted local partner that adds value to the industry and the Pakistani economy.
It shows this by working with more than 700 suppliers and partners in Pakistan, where 98% of its products are made. This most recent investment will make it easier for people to get cheap, high-quality products while also supporting the country’s supply chain.
Umer Lodhi, the Country Manager of Carrefour Pakistan, said, “As the economy starts to get back to normal and both Carrefour stores are ready to serve a wider customer, we are also working together to help hundreds of families.” This shows that we are taking action to help the local economy get back on its feet. We provide businesses and jobs for more and more people so that everyone can be a part of the local economy’s success.
This joint venture with Carrefour is a sign that DHA Lahore is continuing to work hard to build a world-class, sustainable, and friendly community living experience for our residents.
To make things easier for its customers, Carrefour has ten stores in Pakistan and offers its delivery service through the Carrefour Pakistan app. This way, customers can get the best service possible. The app can be found on Google Play and Apple’s App Store. You can get it there.