GOLDEN Arches Restaurants Sdn Bhd, the operator of the McDonald’s chain in Malaysia, plans to open a new outlet in Putrajaya Precinct 2 by year-end, at an investment of RM17.5 million.
Managing director Stephen Chew said the restaurant is part of the company’s growth plan of having 500 restaurants by 2020.
The construction of the restaurant with a built-up area of 30,000 sq ft is expected to be completed within four months of approval of the building plan by the Putrajaya Corporation.
“The RM17.5 million just for this restaurant involves acquiring the land to develop the building and infrastructure,” Chew said.
On the company’s growth, he said Golden Arches Restaurant had allocated an investment of more than RM185 million per annum for building more than 20 new restaurants, refurbishment and remodeling of existing ones and to growing the number of McCafes market wide.
He said to date, there are close to 270 McDonald’s restaurants across Malaysia, serving more than 13.5 million customers monthly.
The pioneer McDonald’s restaurant began operations in Jalan Bukit Bintang in Kuala Lumpur in 1982.-- http://www.therakyatpost.com
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