February 9, 2003
LAHORE, Pakistan -- Pizza Hut is planning to invest approximately 1 billion rupees (U.S. $17.2 million) to expand into Pakistan.
According to the Daily Times, Manzar Riaz, CEO of Pizza Hut operations in the country, told the press on Feb. 7 that the money would be used to open about 20 new outlets and would create some 2,000 new jobs.
He said there are immediate plans to open outlets in the cities of Peshawar and Faisalabad, as well as plans to set up kiosks at high-traffic public places such as railway stations.