KR1M records RM829m in sales

> Sales have been increasing since programme launched in 2011 at a cost of RM82.5m

KUALA LUMPUR: The 1Malaysia people’s Shops (KR1M) recorded total sales of RM829 million since the programme started in 2011, the Dewan Rakyat was told yesterday.

Deputy Domestic Trade, Cooperatives and Consumerism Minister Senator Ahmad Bashah Md Hanipah said the amount was higher than the cost incurred by the government to implement the programme, which was RM82.5 million.

“In terms of sales, it has been increasing and there are also KR1M outlets which recorded sales of up to RM6 million a year,” he said in reply to a question from Datuk Mansor Othman (PKRNibong Tebal) who wanted to know the financial implication facing the government and benefits obtained by the people with the implementation of KR1M.

Ahmad Bashah said a total of 170 KR1M outlets had been opened so far nationwide, enabling the people to buy quality goods at cheaper price.

The setting up of KR1M has also created a healthy business competition between traders, and provided a venue for operators of small and medium industries to market their products, he added.

He told Bernama those in petty business could also buy their supply of goods from KR1M at reasonable prices.

Replying to a question from Datuk Zainudin Ismail (BNJelebu) on plans to upgrade KR1M, Ahmad Bashah said the government was targeting to set up KR1M at all 222 parliamentary constituencies nationwide before making any plans to upgrade it.