Franchise Biz To Be Developed Further

Malaysia Star:

The Government will continue to identify local businesses that have the potential to go global as part of its move to develop the franchise industry.

Deputy Domestic Trade, Cooperatives and Consumerism Minister Datuk Rohani Abdul Karim said the Goverment had so far disbursed RM98mil of the RM300mil allocation under the Ninth Malaysia Plan to assist potential entrepreneurs.

“We are looking at approving more potential applications in the near future.” she said after launching the Little Taiwan outlet at Aeon Jusco Bandaraya yesterday.

Rohani said currently, there were 445 franchise businesses registered with the ministry and more than 20 local products and services which had entered the international market through franchising.

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