FRANCHISING | Staff Reporter, Singapore

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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