Fast Food Prepare Expansion Fund U.S. $150 Billion
3 January 2010
Apparently step PT Fast Food Indonesia Tbk (FAST) to spread its wings in 2010 increasingly unstoppable. Companies that have a franchise of Kentucky Fried Chicken (KFC) since 1978 this year, has prepared fund Rp 150 billion to add 30 stores next year.
Director FAST JD Juwono said, with 30 outlets that they would open, Fast Food hoping next year’s sales could grow to 18% -21.4%. Juwono also said that if the majority of investment funds that would be channeled outlets to open a free standing outlets (outlets are stand-alone).
Details, Rp 120 billion to build 20 outlets free standing. For each of these types of outlets, Fast Food needs funds Rp5-Rp 6 billion. Location of outlets, he explained, was in Jakarta and some other provinces.
