KFC chain will invest $3 million to open three new restaurants and $1 million to remodel other locations already operating in the country.
The company reported that the new restaurants, which will begin operations in 2019, will be located in Escazú, Limón and Heredia, and those that will be remodeled are located in downtown San José, Alajuela and in Multicentro de Desamparados.
Traffic congestion, the price of land and rents, and logistical facilities are some of the reasons why more and more companies in Costa Rica prefer to be located outside of San José.
Between 2016 and 2017 the number of companies set up in San José fell from 15,311 to 14,748, which is equivalent to a decrease of 4%, according to figures from the National Institute of Statistics and Census.
The chain of wholesale supermarkets Mayca has started operations in a new facility in the capital and is preparing for the opening of another one in Ciudad Quesada, outside the Greater Metropolitan Area.
The newly opened self-service store measures 432 square meters and is situated opposite the National Children's Hospital in San Jose. In relation to the store in Ciudad Quesada, San Carlos, there is still no definite date for its opening.
The Costa Rican company has announced it will be opening five stores in Guayaquil airport and has signed contracts to operate at air terminals in Guatemala City and Montevideo and Punta del Este in Uruguay.
For the expansion of its operations, Grupo Britt has invested about $5 million, which will come from both equity and bank financing. Including these projects, there will be 13 countries where the company operates.
The chain Multispa is to open two new offices in the Costa Rican capital in the coming months.
The two new fitness centers will open in areas of Tibás Llorente and Guachipelín, and will replace the current ones in San Jose and Escazu-Trejos Montealegre.
David Mears, president of the company, said the group is investing about $4 million in each of the sites which measure about 2,200 square meters.
Next May the U.S. chain will open its first store in San Jose, Costa Rica.
The announcement was made via a press release from the Pan American Coffee Corporation, a company that promotes Salvadoran coffee shops across the Isthmus.
Sergio Abreu, president of the company, said the opening of the premises required an investment of $ 300,000. The company plans to open two additional locations in Florida this year.
Salvadoran coffee chain 'The Coffee Cup' opened its second store in the country.
The chain plans to open an additional store in San José International Airport in 2010.
"Next year the brand will start operations in Austin, Texas, in the United States. This store will open in February 2010, marking a milestone for the company, which had targeted the U.S. market for 17 years", reported Elsalvador.com.
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