Tricon Plans To Spend On Pizza Hut, KFC Expansion In Thailand

  • ---Shares

Bangkok-Shrugging off critics' claims that the Western-style fast-food business is reaching its saturation point, Tricon Global Restaurants Inc. announced plans to invest 1.2 billion baht (about $28 million) in expanding its Pizza Hut and KFC brands in Thailand this year.

"The fast-food business still has plenty of growth potential," said Hester Chew, vice president and managing director of Tricon Restaurants International. "Right now it's only a fraction of total food consumption in Thailand."

Tricon and KFC franchisees in Thailand will spend about 600 million baht (about $14 million) on an additional 30 to 40 KFC outlets, and the remaining 600 million will be invested in about 50 new Pizza Hut restaurants, creating about 3,000 new jobs. -Bangkok Post

Next Article:
7 Secrets You Need to Know About Flying...

This website uses cookies to allow us to see how our website and related online services are being used. By continuing to use this website, you consent to our cookie collection. More information about how we collect cookies is found here.