McThai Co, the operator of McDonald's restaurants, has upgraded its investment plan, increasing spending to 300 million baht this year, up from 200 million in its earlier plan, after witnessing a recovery in consumption and the economy.
Chief executive Kittiwan Anuwatesakul said the funds would be used to open 10-15 new restaurants, bringing the total number of outlets to 237-242 by the end of this year. The new branches to be opened this year would be based at key strategic locations where customer demand is robust.
