PETALING JAYA: McDonald's Malaysia will invest RM348 million to open another 87 restaurants by 2014, says managing director, Sarah Casanova.
She said on Thursday, Sept 8 the company aimed to have 300 restaurants nationwide by 2014 from 213 now, adding it would spend RM4 million for each new restaurant.
Casanova said McDonald's Malaysia planned to spend RM112 million this year for 20 new outlets and also to remodel 13 existing ones, adding that it was also looking to open 25 new restaurants next year.
Speaking to reporters after launching the Family Dinner Box, she said the company expected sales to grow by 20 per cent this year from RM1.095
billion last year.
Casanova said the business prospects were promising despite consumers being under pressure due to rising commodity prices and the government's subsidy rationalisation programme.
"This is due to the affordability and products with good value offered by McDonald's Malaysia," she said, adding that it has yet to see slow traffic at
its 213 restaurants nationwide.
She said McDonald's Malaysia aimed to have 100 franchised stores by 2014.
"Currently, we have 13 local franchisees in Malaysia and a total of 27 franchised restaurants," she said. - Bernama
She said on Thursday, Sept 8 the company aimed to have 300 restaurants nationwide by 2014 from 213 now, adding it would spend RM4 million for each new restaurant.
Casanova said McDonald's Malaysia planned to spend RM112 million this year for 20 new outlets and also to remodel 13 existing ones, adding that it was also looking to open 25 new restaurants next year.
Speaking to reporters after launching the Family Dinner Box, she said the company expected sales to grow by 20 per cent this year from RM1.095
billion last year.
Casanova said the business prospects were promising despite consumers being under pressure due to rising commodity prices and the government's subsidy rationalisation programme.
"This is due to the affordability and products with good value offered by McDonald's Malaysia," she said, adding that it has yet to see slow traffic at
its 213 restaurants nationwide.
She said McDonald's Malaysia aimed to have 100 franchised stores by 2014.
"Currently, we have 13 local franchisees in Malaysia and a total of 27 franchised restaurants," she said. - Bernama
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