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FRANCHISING | Staff Reporter, Singapore
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McDonald's Malaysia invests RM363 million for expansion

The fast food chain will add 33 new restaurants and refurbish 86 others in the country.

In addition, as part of its three-year growth plan, McDonald's Malaysia will set aside RM100 million to develop drive-thru restaurants and for the refurbishment exercise.

McDonald's Malaysia managing director and operating partner Azmir Jaafar said that they are confident of strong double-digit growth this year.

"Last year was record breaking for us with an all-time high year-on-year revenue growth of 16%," he said.

McDonald's Malaysia also announced that it is looking to set aside an investment of RM1.4 billion to develop 450 restaurants over the next eight years.

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