GM Klang expands into wholesale trade
Published: Fri, 15 Jun 2012
KLANG: More business opportunities will now be available for wholesale traders to expand their business, with the construction of General Marketing (GM) Klang’s second phase.
So far, 200 new tenants have booked their lots in one of the 750 units available in the new 10-storey building scheduled to be completed in September.
“GM Klang is very pleased to welcome on board all the new wholesalers and partners,” said TSI Group managing director Datuk Lim Seng Kok.
To expand the market and bring in foreign wholesale products, a memorandum of understanding was signed between GM Klang and its new partners from China.
The three partners, SM International Wholesale (China) Centre representative Xia Bao Wen, Pearl Harbour Industry’s Adam Tan and businessman Alex Li Shang Xin, will be assisting in overseas product sourcing and marketing efforts.
“In line with the Chinese government’s economic objective of expanding businesses out of China, we are thrilled to be able to provide such a platform for them to grow their business here,” said Lim.
GM Klang is the brainchild of TSI Holdings and was also recognised by the Malaysian Book of Records as the largest wholesale plaza in Malaysia.
Their first phase opened in October 2009 and houses 350 wholesalers selling merchandise ranging from apparel, information technology (IT) products, accessories to toys.
When the new building is up, these 350 wholesalers will also be moving in to make space for wholesalers selling car parts, construction material, hardware and tools.
The wholesale city was initially set up with the aim of becoming a platform for wholesalers, manufacturers and traders from Asia to start or grow their business.
“I would like to congratulate GM Klang for being the first wholesale city in the country and the biggest one in Selangor,” said Menteri Besar Tan Sri Khalid Ibrahim.
He was present with state executive councillor for industry and trade Teresa Kok, Klang Municipal Council (MPK) acting president Ikhsan Mukri and MPK councillors.
Khalid said the existence of GM Klang was important, both for its locality and benefit to traders.