Wednesday 9 November 2011

KFC to spend RM70m for Malaysia, foreign expansion

KUALA LUMPUR: KFC Holdings (Malaysia) Bhd will spend close to RM70 million to expand its outlets here and abroad next year.

Its managing director Jamaluddin Md Ali said RM50 million had been set aside for 2012 to add another 15 local outlets. Of this, 10 will be drive-through outlets.

"At present, we have 531 KFC outlets in Malaysia," Jamaluddin said after the launch of the latest KFC Double Zinger burger here yesterday.

He said the company is looking at expanding its presence in Singapore, Brunei and India.

"For the overseas expansion, we have set aside between RM15 million and RM20 million," he said.

India is expected to benefit the most as the company plans to add another 15 new outlets from the 15 they have.

"At the end of next year, we will have a total of 30 outlets in India mainly in Mumbai and Pune," Jamaluddin added.

Singapore, with 80 outlets, will get two to three new outlets next year. Brunei will get three more from the current 11.

He said the KFC Double Zinger burger is the last product launch for 2011.

Next year, it plans to unveil four more products on a quarterly basis.

"The new products will not all be chicken as some will also be local based," Jamaluddin said.
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