Daily Newsletter

22 August 2023

Daily Newsletter

22 August 2023

McDonald’s plans to open 36 outlets in Sabah, Malaysia

A memorandum of understanding was signed between McDonald's Malaysia and Kota Kinabalu Industrial Park.

Umesh Ellichipuram August 21 2023

McDonald's Malaysia plans to invest more thanRM200m ($43m) to open 36 new restaurant outlets in the state of Sabah by 2030, Bernama has reported.

As part of this initiative, a memorandum of understanding (MoU) was signed between McDonald's Malaysia and Kota Kinabalu Industrial Park (KKIP).

McDonald's Malaysia managing director and local operating partner Datuk Azmir Jaafar explained that currently there are 16 McDonald's venues operating in the state of Sabah, and has created 1,600 employment opportunities in the region.

Jaffar was quoted by the news agency as saying: “Besides that, two more new restaurants will be opened in Tawau.”

He added that once all the outlets are opened, it would create an additional 5,000 jobs across entire state including Kota Kinabalu.

The project involves the collaboration with KKIP for the acquiring 1.6 hectares of land owned by KKIP, Jaffar added.

The land area will be used for the construction of manufacturing facilities, warehouses and delivery centres.

Upon completion, these facilities are expected to serve as a food hub catering the operations of the restaurant chain in East Malaysia.

The restaurant chain suppliers Bimbo QSR, Tyson Foods and HAVI Logistics will be involved in the food hub.

Bimbo QSR will be responsible for supplying bun and bread and Tyson Foods for the supply of vegetables and protein products such as nuggets and meat slices.

Havi Logistics will serve as the main distribution company, providing facilities for supply delivery to McDonald’s, Jaffar added.

Pub, club & bar was the largest foodservice profit sector channel in 2022 in the UK

Per GlobalData, the foodservice profit sector in the UK was valued at GBP72.6 billion in 2022, and is estimated to grow at a CAGR of >8% by 2027. Pub, club & bar was the largest channel in the UK foodservice profit sector in 2022 by market value, while QSR was the second-largest channel, followed by FSR. Changing preferences, trustworthiness, product alignment with their time and money constraints, and service quality are some of the key trends in the foodservice market in the UK.

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