KUALA LUMPUR: The 1Malaysia people’s Shops (KR1M) recorded a total sale of RM829 million since the programme started in 2011, the Parliament was told today.
Deputy Domestic Trade, Cooperatives and Consumerism Minister Senator Ahmad Bashah Md Hanipah said the amount was very much 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 which recorded sales of up to RM6 million a year,” he added.
He was replying to a question from Datuk Mansor Othman (PKR-Nibong 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 goods at cheaper price, but with quality.
The setting up of KR1M has also created a healthy business competition for traders, as well as provide a venue for operators of small and medium industries to market their products, he added.
He said those in petty business could also obtain their supply of goods from KR1M at a reasonable price.
To a supplementary question from Datuk Zainudin Ismail (BN-Jelebu) on plans to upgrade KR1M, Ahmad Bashah said the government was targetting set up KR1M at all the 222 parliamentary constituencies nationwide before making any plans to upgrade it.