Round Table Pizza has announced the signing of an exclusive agreement with Mongolia International Food Holding to develop 10 restaurants in Mongolia.
Round Table Pizza's entrance into Mongolia reflects the growing importance of the market as it continues to develop.
Ali Ghali, CEO of Mongolia International Food Holding, said the food and beverage industry in Mongolia has a large potential for growth.
The first Round Table Pizza restaurant is expected to open in Ulan Bator in September 2012.
The announcement brings the total number of international Round Table Pizza restaurants operating or slated for development to 47.
"We continue to see increased interest from abroad as entrepreneurs recognize the value in our brand," said Rob McCourt, Round Table Pizza CEO and president. "We are eager to work with partners, like Mongolia International Food Holding, who have the skills and resources to bring our core values of dedication to families and serving a superb pizza to a larger global audience."
Additionally, Round Table executives will be in Chile, Panama and Columbia in late August 2012 for an IFA trade mission.
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