Canada’s famous restaurant chain ‘Tim Hortons’ is heading to Pakistan this year.
The news was shared by the company on social media account, “As we continue to grow Tim Hortons around the world: Tims is opening in Pakistan this year.”
Tim Hortons, known for its coffee and doughnuts, said it is planning to open dozens of new restaurants across Pakistan in the coming years starting with its first in Lahore later this year.
The development is vital for a country that has struggled to attract foreign direct investment (FDI), as it only managed to grab $1.285 billion in the first nine months of this fiscal, reflecting a year-on-year decline of 2 percent.
Back in March, Tim Hortons announced that it will launch in India later this year as part of an exclusive agreement with a joint venture entity owned by Apparel Group and Gateway Partners.
Tim Hortons currently has over 5,100 restaurants across 13 countries, including in the United States, Mexico, Spain, the United Kingdom, across the Middle East, China, Thailand and the Philippines.
