KFC Opens First Store in Mongolia, Plans 15 More Over 5 Years
Yum! Brands Inc. plans to roll out a total of 15 KFC restaurants within five years in Mongolia, as the country is experiencing a growing demand for mutton and chicken.
Yum! Brands will be opening the stores with in conjunction with franchise partner, Tavan Bogd Group. Locally owned and operated, the KFC in Ulaanbaatar is the first of the franchise group's five planned to open this year. Tavan Bogd Foods plans to open 15 more restaurants over the next five years including the first drive-thru service. They plan to open three more outlets in the capital by the end of this year, it said in a statement.
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