FranGlobal to expand its APAC presence to Bangladesh in early 2018
DHAKA, Jan. 6 (NsNewsWire) —
Singapore headquartered FranGlobal, is set to expand its APAC(Asia Pacific) footprint by entering Bangladesh with 50 global brands.
FranGlobal says it will introduce the [divider scroll_text=”SCROLL_TEXT”]
global brands in next 2 years making an investment of USD 39 Million
FranGlobal plays a vital role in favorably and profitably partnering diverse global companies for entry and expansion into the different topographies.
FranGlobal will provide all the support and services for the Brands who want to enter in Bangladesh market.
Also for Bangladeshi local brands looking for expansion through franchising locally and globally.
Apart from this, the company will also provide Franchise Development Consultation to local Bangladeshi brands, facilitate liaison between International brands and Bangladeshi investors and arrange Exhibitions and Knowledge Sharing Events.
FranGlobal is organizing 1st ever international franchise and retail expo in Bangladesh on 24 February 2018. This will witness participation from 50+ international and local brands from different industries, showcasing their franchise opportunities along with knowledge sharing sessions by industry experts from home and abroad on franchising, retailing, licensing, entrepreneurship and business innovation best practices.
Gaurav Marya, Chairman, FranGlobal, said, “As per PwC (Price waterhouse Coopers), Bangladesh is poised to be among top three fastest growing economies of the world by 2030. The country is home to thousands of businesses and has emerged as one of the largest concentrations of multinational companies in South Asia. While there are a handful of Bangladeshi local brands who want to expand their business oversees and planning to franchise globally.
Foreign franchisees in Bangladesh are doing impressively well; in fact, world’s biggest brands are flourishing internationally at an accelerated pace than they are locally. We believe this is the opportune time for FranGlobal to enter Bangladesh market and we are positive of the same.”
FranGlobal is currently operating in Canada, United Kingdom, India, Singapore and Greece along with other diverse geographies. FranGlobal has supported brands like, The Coffee Bean & Tea Leaf, Gloria Jean’s Coffees, KFC, McDonalds, Sbarro, Levis, Benetton, Roberto Cavalli, Reebok, Baskin Robbins, PepsiCo, Yogurberry, Nina Ricci, Little Kickers, Mandilicious and many more in entering and expanding their operations worldwide.
About FranGlobal:
Singapore listed, FranGlobal is worldwide business augmentation of Asia’s largest franchising Solutions Company. FranGlobal plays a vital role in favorably and profitably partnering diverse global companies for entry and expansion in India and other topographies. Attaining over 18 years of experience in the Franchise industry, our well-conversant professionals offer over a million man hours of business advisory experience in expert anchorage to the international company’s requisites catering the access in complex markets like India, Middle East and also cautioning them regarding the pitfalls associated with it. Enditem press release