ID :
397124
Tue, 02/16/2016 - 04:52
Auther :
Shortlink :
https://oananews.org//node/397124
The shortlink copeid
Malaysia's Zawara To Push F&B Business Overseas In 2017
KUALA LUMPUR, Feb 16 (Bernama) -- Local fashion brand Zawara Sdn Bhd aims to push its new business, Zawara Coffee, to international markets in 2017.
"We are planning to expand the Zawara Coffee brand to Singapore and Indonesia next year and establish the brand in the United Arab Emirates, Europe and North America by 2020," Founder and Group Chief Executive Officer Kamarul Karim told reporters at the Media Discovery 2016 programme co-organised by Zawara and Perbadanan Nasional Bhd Monday.
Kamarul said the halal food segment offers vast opportunities, noting that while every country may have different fashion preferences, coffee is well accepted across the globe.
The company has allocated US$1.2 million (RM5 million) to expand Zawara Coffee's presence nationwide this year, he said.
"PNS could help us expand, as we are leveraging on the franchise model," Kamarul said.
For its clothing business, Zawara has allocated RM5 million to improve product development and RM5 million to sustain its business operations.
Perbadanan Nasional Berhad (PNS) is an agency owned by the Ministry of Finance Incorporated (MOF Inc.) with the mandate to lead the development of Malaysia’s franchise industry.
-- BERNAMA