KFC IS OPENING IN MONGOLIA
KFC, the world’s famous international quick service restaurant is coming to Mongolia.
YUM! Asia Franchise Pte. Ltd. has granted Tavan Bogd Group, through its subsidiary Tavan Bogd Foods LLC, the rights to develop and operate KFC outlets in Mongolia.
Tavan Bogd Group was established in 1995 and has grown into one of the largest conglomerates in the country. With its stellar track record in the hospitality and service sectors, among other operations, the Group builds on its past experience and is poised to make KFC another success story in this part of Asia.
Mr. Ts. Baatarsaikhan, CEO and President of Tavan Bogd Group, said, “We have started the process for the first restaurant and plan to open by middle of 2013. This will be followed by three more restaurants in the second half of this year. All four will be flagship stores located in Ulaanbaatar city. Additionally we are conducting a market survey together with a global research company to determine the market potential and identify eating habits of Mongolians, which will outline our development roadmap.”
Mrs. D. Hulan, CEO of Tavan Bogd Foods LLC said, “We are proud to bring KFC, an internationally known quick service restaurant to Mongolia. We want to build something really special for the Mongolians, a place where they can enjoy their meals and have a memorable time with their friends and families while discovering its world famous “Finger Licking Good” taste.”
YUM! Brands Inc., based in Louisville, Kentucky, is the world’s largest restaurant company with nearly 38,000 restaurants in over 120 countries. YUM! Is ranked #213 on the Fortune 500 List and generated more than USD 12 billion in revenue in 2011. YUM! Brand’s KFC, Pizza Hut and Taco Bell are global leaders in chicken, pizza and Mexican-style food categories respectively.
KFC is famous for its Kentucky Fried Chicken, founded by Colonel Harland Sanders over 70 years ago. It is made by the famous eleven herbs and spices that deliver a unique-tasting, cravable chicken that is simply unequalled. The same cravable taste, which has travelled to over 120 countries and delighting over a 100 million customers each day, is finally coming to Mongolia.
