Ut Ut Quan to open 50 barbecue and craft beer restaurants
Friday, June 1,2018AsemconnectVietnam - Ut Ut Quan Co Ltd, which is operating the two barbecue and craft beer restaurant chains Ut Ut Quan and BiaCraft, plans to open 50 new restaurants in five years after cutting a deal with an investor to raise new capital.
Ut Ut Quan general director Tim Scott announced its market expansion strategy to open 50 restaurants of Ut Ut Quan and BiaCraft by 2022, after the Red Wok Cusine Joint Stock Company, a subsidiary of Mekong Capital, agreed to pour investment in it. The company is currently operating two Ut Ut Quan and two BiaCraft restaurants.
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