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Indonesia’s Sumber Alfaria to build 800 new Alfamarts, 5-6 distribution centres this year

Sumber Alfaria Trijaya, the owner of Alfamart mini markets in Indonesia, continues to increase its ownership in Midi Utama Indonesia, which operates minimarkets such as Alfamidi, Alfa Express and Lawson, as it expects to boost investment return from its retailer unit.

Alfamidi, Alfa Express as well as Lawson have seen increasing sales in recent years, thanks to stronger consumer spending as well as a wider outlet of networks in the country.

Sumber Alfaria plans to spend up to IDR1.4 trillion (USD144) this year to build 800 new Alfamarts and five to six distribution centres. "The source of financing will come from internal cash as well as bank loans," Fernia Rosalie Kristanto, corporate secretary of the company, said on Friday.
 

(Source: Jakarta Globe )