|Date : 26 Jan 2018||Source : Daily Express|
KUALA LUMPUR: Perbadanan Nasional Bhd (PNS) is allocating between RM30 million and RM35 million this year to finance entrepreneurs who are keen to undertake franchise business.
“We expect the allocation to benefit between 200 and 250 entrepreneurs this year,” he told a press conference on PNS’s strategic collaboration with fast food chain operator, Marrybrown Sdn Bhd.
He said apart from franchise sector financing, PNS would also allocate RM30 million for investment in the property sector.
On the collaboration with Marrybrown, Syed Kamarulzaman said the agency would offer financing to 17 entrepreneurs who wanted to become its franchisee.
Meanwhile, Marrybrown Chief Executive Officer, Datuk Joshua Liew said the company planned to open 25 new outlets this year and would allocate 10 outlets for Bumiputera entrepreneurs.
He said the company was also planning to open at least six outlets overseas this year, one each in Iran and Sri Lanka and three in New Zealand.
Currently, Marrybrown has more than 400 restaurants in 15 countries including Malaysia, Singapore, China, India, the Maldives and Indonesia.
Do you know that your monthly financing installment payment can be made via JOMPay?