Tim Hortons, Canada’s famous restaurant chain, has planned to open its branches all across Pakistan. They are going to initiate by opening the first branch in Lahore, a city enriched with culture and life. Tim Hortons announced this expansion on its social media accounts including LinkedIn. They have mentioned,” As we continue to grow Tim Hortons across the world: Tim is opening in Pakistan this year.”
Pakistan is famous for its diversity of food and its foodie people who love to dine out and enjoy. Hence, this is not only good news for all the foodies out there but also it is going to elevate the economy. This expansion is surely going to improve Foreign Direct Investment in Pakistan.
What’s the Plotline?
Tim Hortons is Canada’s famous restaurant chain which started its operations in 1964, with specialty in doughnuts and coffee. Altogether, Tims has approximately 5100 branches in 13 countries including the following:
- United Kingdom
- United States
- Middle East
Recently, they have also announced plans to open in India having the aim of opening at 300 locations in the country within the coming ten years.
Burger King and Tim Hortons
Burger King bought it for $11.4 billion on 26 August, 2014.On December 15, 2014, the two organizations became auxiliaries of Restaurant Brands International, a Canadian-American holding enterprise larger part possessed by Brazilian venture company 3G Capital.