By Roubeeni Mohan
Malaysia Retail Chain Association (MRCA) has launched a new zone titled “Hatchery” during an exhibition on the 18th July 2019 at the Kuala Lumpur Convention Centre. The Hatchery zone is an incubator program by MRCA to assist in the establishment and development of new retail businesses.
From Left: Datuk Vincent Choo, Deputy President of MRCA, Datuk Liew Bin, Vice President of MRCA, Datuk Seri Garry Chua, President of MRCA, YB Datuk Seri Saifuddin Nasution Ismail, Minister Of Domestic Trade & Consumer Affairs, Mr. Raymond Woo, Organizing Chairman of MIRF 2019, Datuk Badrul Hisham bin Mohd, Deputy Secretary General of Ministry of Domestic Trade & Consumer Affairs.
The exhibition also aims to serve as a catalyst for local and international exhibitors to interact and explore business matching opportunities locally and globally. In line with MRCA’s goal, the exhibition is directed to manoeuvre cross-border retail expansion as well as a primary hub in Southeast Asia to seek retailers and franchisers prospects.
“I believe that it is our responsibility to govern and ensure that all parties in the retail and franchise industry have a fair chance in the marketplace. We hope with this initiative, we are able to assist the growth and development of the retail and franchise industries. I would like to take this opportunity to thank our partners, sponsors, the retail industry, the public and the media for their support over the years,” said, Datuk Seri Garry Chua, president of MRCA.
The “hatchery” programme provides an avenue for startups to exhibit their products and services to the market and public. Additionally, it presents an opportunity for the retail industry to grow and develop further to meet the ever-changing consumers’ needs by presenting innovative ideas, services and products.