One of the world’s largest retailers continues to grow its investment in Victoria, having received approval for two stores and seeking to build a further nine stores.

The company has now received planning approvals for stores in Coolaroo and Oakleigh South, adding to the three stores already approved in Dandenong, Epping and Chirnside Park.

Kaufland is also applying to build an additional nine stores across Victoria – in Braybrook, Lyndhurst, Geelong, South Morang, Bendigo, Narre Warren, Warrnambool, Coburg and Pakenham.

The company’s current investment in Victoria is worth $435 million and expected to create 1,500 jobs. If the nine stores are approved, the investment will top half a billion and create up to 2,400 jobs.

Commenting on the investment, Kaufland Australia Managing Director, Julia Kern said that “with five approved stores, as well as the additional nine sites under review, we are committed to our long term, sustainable growth across Victoria.”

The company has already started building its distribution centre in Mickleham, as well as its first Victorian store in Dandenong.

Construction of Kaufland’s stores in Epping, Oakleigh South, Coolaroo and Chirnside Park will commence in the coming years.

Kaufland is one of a growing list of global retail giants who have chosen Victoria as their entry point into the Australian market, including Costco, Aldi, Uniqlo, H&M and MUJI.

The company has more than 1,230 stores and 150,000 employees across Europe, and, as a grocery chain, it can stock up to 60,000 product lines.

Artist impression of Kaufland's Dandenong store which has commenced construction.