KFC to open 30 outlets this year
The Jakarta Post, Jakarta | Business | Tue, June 19 2012, 7:06 PM
The franchise holder of the Kentucky Fried Chicken (KFC) brand in Indonesia, PT Fast Food Indonesia (FAST) has allocated Rp 300 billion (US$31.8 million) to open a total of 30 outlets in Indonesia this year.
Fast Food Indonesia director Justinus Dalimin Juwono was quoted by tribunnews.com on Tuesday as saying that up until June this year the company had officially opened six out of the planned 30 outlets in Greater Jakarta.
“The firm had allocated Rp 60 billion to open the six outlets,” he said.
He added that the next 10 outlets would be opened in eastern Indonesia with the remaining outlets to be built in Sumatra and Kalimantan.
According to KFC’s official website, www.kfcindonesia.com, 43.8 percent of the share is held by PT Gelael Pratama of Gelael Group and 35.8 percent is owned by PT Megah Eraraharja from Salim Group creating a majority of 79.6 percent. Minority shares of 20.4 percent are distributed to the public and cooperatives. (asa/nvn)
