Confirming the earlier reports Dubai based largest retail and hospitality conglomerate, Lulu Group International has evinced interest to invest in the hotels, mega convention centers and high power markets in Andhra Pradesh.
To this effect, a team from Lulu group held a meeting with Andhra Pradesh Chief Minister N Chandrababu Naidu yesterday, as per an official release.
Lulu group in Dubai is one of the leading investors in travel and tourism, shipping, exports and imports, IT and related industries. The group members have promised Mr Naidu that Lulu will study the future prospects of establishing plush hotels, high end malls and mega convention centers. The group will first submit a detailed report to the State Government, post which further plans would be discussed.
Some of the prestigious and the latest Lulu projects in the Middle East include Al Wakrah Mall in Qatar, Lulu Hypermarkets in Dammam, Saudi Arabia, Cairo, Jeddah and Kuwait. The Lulu International group has also received honorable Qatar British Business Forum Award, ‘QBBF Organization of the Year 2015’ this October. Lulu’s 118th Hypermarket was also recently opened in Sinaw, Oman.