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Business & Finance

Canadian restaurant giant Tim Hortons coming to Pakistan

  • Planning to open first restaurant in Lahore later this year
Published May 19, 2022 Updated May 20, 2022

Canada's Tim Hortons, one of the largest restaurant chains in North America, is heading to Pakistan this year with plans to open dozens of outlets across the country, the company announced on social media.

“As we continue to grow Tim Hortons around the world: Tims is opening in Pakistan this year,” the company posted on its official LinkedIn account.

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%.

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.

“The first restaurant is set to open in New Delhi and there are plans to launch over 300 locations across the country over the next 10 years,” said the company.

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.

On August 26, 2014, Burger King agreed to purchase Tim Hortons for $11.4 billion. The two chains became subsidiaries of the Canadian-American holding company Restaurant Brands International, which is majority-owned by Brazilian investment firm 3G Capital, on December 15, 2014.

Comments

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Syed Arif Hussain Zahidi May 19, 2022 07:50pm
We certainly don't need them. Our present conditions don't allow such luxury.
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Syed Arif Hussain Zahidi May 20, 2022 10:26am
Jaib may paisa nahee hai aur chalay hain Tim Horton peenay !!! SHAME. Should not be allowed till we stand on our own feet. Pakistan may sab kuch milta hai.
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Syed Mazhar Haider May 20, 2022 12:02pm
Dear Sir/Madam I am writing to schedule a meeting for getting the Franchise in Lahore/Islamabad with your Master Franchisers in PAKISTAN. I would like to meet them and to know the further obligations. I would appreciate your prompt response on the same. I look forward to our meeting or would be grateful if your share their contact info. Thank you, Syed Mazhar Haider
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Syed Mazhar Haider May 20, 2022 12:14pm
Dear Sir / Madam I am writing to schedule a meeting with your Master Franchiser to get a Franchise in Lahore / Islamabad. If the time works for you, I would like to meet you in the coming week at your office. Please confirm. I look forward to our meeting. Thank you, Syed Mazhar Haider
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Khalid azam May 20, 2022 05:53pm
Good . We are waiting eagerly, the way we wait for every other chain here in pakistan.
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Bahs May 21, 2022 12:45am
Amazingggg can't wait I've missed Tim's since my trip to Toronto eagerly waiting!!!!!
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Waseem May 22, 2022 11:04pm
Dear sir. Nice to hear this. If u are looking space for ur restaurant then I have a location beside of emporium mall. Its 1 kanal corner space with 2 story (GF & FF). U can contact me +92 323 1617786
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Ikram hussain May 23, 2022 08:35am
Welcome to Pakistan
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Waqas Arshad May 24, 2022 08:21am
Dear sir/madam If you want space in islamabad for Tim Hortons then ket me know i have a commercial space for you. My number 0331-7559966
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Syed Zulfiqar Ali May 24, 2022 10:12am
This is Pakistan, where personal gain is preferred over common interest. People are more interest to invest in foreign franchise instead of endeavoring project themselves. This will save forex as well result in promotion of local industry and work-force, alas.
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Bilal A khan May 25, 2022 02:16pm
@Syed Arif Hussain Zahidi, please be pro Pakistani. Foreign investment should always be appreciated as this increase your visibility across the world, obviously incoming chains knew that there survival is directly linked with the cost competitiveness. This will help to increase the standard of local competitors and will also create the employment opportunities as we ate witnessing in other foreign chains. TIM HORTONS welcome to Pakistan. We are eagerly waiting ✋
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