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Popeyes Chicken & Biscuits announced on May 24the signing of a franchise development agreement that calls for the construction of 56 new Popeyes Chicken & Biscuits locations in Indonesia over the next five years. Under terms of the agreement, local franchise partner Pop Indo will develop the Popeyes concept throughout Indonesia. Popeyes Chicken & Biscuits currently has four restaurants operating in Indonesia with an additional 2-3 locations scheduled to open in 2000 as part of the recently signed agreement.
"The expansion of the Popeyes brand into Indonesia is a part of our growth strategy to increase the presence of the brand in key markets throughout Asia," said Anthony Pavese, chief operating officer for Popeyes International.