Jardine wins Pizza Hut Myanmar rights
Hong Kong’s Jardine Restaurant Group has won the rights for Pizza Hut Myanmar and will open the first restaurant there in November.
Jardine opens more than 600 Yum! Brands franchises – Pizza Hut and KFC restaurants in Hong Kong, Taiwan, Vietnam and southern China. It earlier lost the bid for KFC Myanmar to rival bidder Yoma Strategic Holdings.
The first Pizza Hut in Myanmar will open in a building adjacent to City Mart Marketplace supermarket on Dhammazedi Rd.
Yum! has been separating its Pizza Hut and KFC operations, and is reportedly moving towards selecting different partners for each of its franchises to achieve a better focus on each of its brands and maintain their independence.
KFC and Pizza Hut are the first American fast food brands to enter Myanmar and follow Korea’s Lotteria into the fast food-QSR market.