Lulu Company Expands Indonesia Retail Investment, LGI Grows

Lulu Group International (LGI) is strengthening its presence in Indonesia with a new meat processing facility. Indonesia’s Coordinating Minister for Economic Affairs, Airlangga Hartarto confirmed the investment. This announcement came following his meeting with LGI’s chairman and managing director, Yusuff Ali Musaliam Veettil Abdul Kader. Their meeting occured on the sidelines of the GulfFood Expo in Dubai, which is currently taking place.

Yusuff Ali established LGI in 2000 in Abu Dhabi. LGI is a global conglomerate with a strong footprint in retail, manufacturing, trading, and real estate. The company has an annual turnover of $8 billion and plays a key role in the Gulf economy.

In Indonesia, LGI operates under Lulu Retail, which offers a range of consumer goods, including essential commodities. Currently, the company operates four Lulu Hypermarket branches in Cakung, Tangerang, Sawangan, and Bekasi.

Details of LGI Expansion in Indonesia

As part of its expansion, LGI will establish a meat processing plant. The plant will specialize in raw material preparation, forming, frying, freezing, and packaging of sausage and meatball products. Kader assured that the products will carry halal certification and cost less than imports.

The Indonesian government has proposed a Special Economic Zone (SEZ) as a potential site for the facility. SEZs provide tax incentives, access to a skilled workforce, integrated infrastructure, and simplified customs procedures, making them attractive to foreign investors.

Beyond Indonesia, LGI has expanded into other Southeast Asian markets. The company has established hypermarkets and shopping centers in Malaysia, where it opened several Lulu Hypermarkets, including flagship stores in Kuala Lumpur and Johor Bahru.

In Thailand, LGI has explored potential retail investments, leveraging the country’s position as a regional economic hub. Meanwhile, in the Philippines and Vietnam, the company has expressed interest in the halal food market and logistics infrastructure to support its retail supply chain.

With its continued investment in Indonesia and beyond, LGI is playing a crucial role in Southeast Asia’s retail and food processing industries. The company’s latest expansion is expected to boost job creation. Furthermore, it will enhance Indonesia’s halal food sector. Finally it will contribute to economic growth in the region.