Despite the global economic slowdown, IKEA is expanding in Malaysia.
The Ikano Group will open its 2nd IKEA store in Malaysia as early as end of this year.
Called IKEA Tebrau City, it will be situated next to AEON Tebrau City in Johor Bahru, the southern Malaysian city bordering Singapore.
In August 2003, IKEA opened the largest IKEA Asian store in Mutiara Damansara, a suburb of Kuala Lumpur.
In the next 5 years, Ikano plans to open one store in Penang, Melaka and another one in KL.
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