McDonald’s Malaysia aiming for 450 restaurants

Mc-Donalds-Malaysia

There are now 262 restaurants in the network, with 12,000 employees serving 160 million customers annually. These include more than 150 drive-through restaurants, 200 “24-hour” restaurants, more than 90 restaurants with delivery services and more than 100 McCafes.

MD Azmir Jaafar says the group achieved year-on-year revenue growth of 16 per cent last year and he is confident the trend is continuing this year.

He was speaking after the launch yesterday of a joint marketing partnership between McDonald’s Malaysia and Fraser and Neave (F&N) Beverages Marketing in Petaling Jaya.

Jaafar says the expansion, under a new developmental licensee (DL) ownership, could create 6000 more jobs. McDonald’s Corp sold its Malaysia and Singapore franchise license late last year to Saudi group Lionhorn, which already holds a DL for the chain for the western and southern regions of Saudi Arabia.

“Under the DL structure, only shareholder ownership was changed as McDonald’s Malaysia was fully bought up by a new company, Tiger Arches, which is part of the Lionhorn group. The management will continue the expansion strategy and programs.”

Source: Inside Retail Asia

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