another update : PETALING JAYA: The 1Malaysia Mall project proposed under the Economic Transformation Programme (ETP) has drawn mixed responses from retailers and property consultants. The plan is part of the Government’s initiative to push Malaysian mall operators and retailers to expand overseas and export Malaysian management expertise. “It is still too early to determine if 1Malaysia Mall is a viable concept. The whole process will take four to five years from site selection, market research, planning, financing, construction, leasing to completion. I encourage the private sector to work with the Government to establish this mall,” Retail Group Malaysia managing director Tan Hai Hsin said in an e-mail reply to StarBiz queries. Retail Group Malaysia is an independent retail research firm in Malaysia. Tan suggested two other strategies to help Malaysian retailers expand overseas. “First, the Government trade agencies in various Asian countries can assist Malaysian retaile...
waa...menarik ni.. mntk share ye rumor ni..hehehe
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