German retail giant Metro will tomorrow (30 October) officially enter Pakistan with the opening of a wholesale centre in the city of Lahore.
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The move into Pakistan means Metro is now present in 31 countries. Its Metro Cash & Carry operations do business in some 29 countries.
The wholesale centre in Lahore has a selling space of 10,000sq metres, employs 300 people, and comes at a cost to Metro of some EUR15m (US$21.6m).
A second wholesale site will open in Islamabad in December; indeed, the company said it has plans to open ten such sites across Pakistan.
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By GlobalData
