Metro Wholesale Myanmar is seeking to expand its operations, according to a recent interview in The Nation.
The German-headquartered wholesale food-and-grocery retailer is looking to open in Mandalay, Nay Pyi Taw, Taunggyi and other major metropolitan locations in the region.
“We are constantly expanding our customer base and have set a very ambitious target. You will see good news in the very near future,” said Metro Wholesale Myanmar CEO Jens Michel. “The market response to our launch [in March] has been absolutely phenomenal. We have experienced huge customer interest in what we are doing, and have seen an enormous amount of new customers coming.”
The firm now has more than 300 customers in the region’s hotel, restaurant and catering industries. The majority of Metro’s customers are local companies, including mega-hotel groups and big names as well as small and medium-sized enterprises.
“We are here in a highly emerging market,” said Michel, “and do not underestimate its potential. We are always looking at how to achieve our target by working closely with local partners and our customer base.
“We are conducting general and modern trade. This will enable our customer base to benefit from a wide range of products. We help customers to spend more time on their own businesses, focus on their own vision and strategies, while we take care of all food and non-food items they require as well as delivery to their businesses.”
Metro Myanmar currently has a 5800sqm warehouse in the Thilawa special economic zone, and employs 150 staff of which 92 per cent are locals. It has invested about €10 million (US$11.33 million) and intends to keep boosting its investment in the territory.