New nations emerge as lands of growth opportunity

New nations emerge as lands of growth opportunity

Colombia, Indonesia, Vietnam, Egypt, Turkey and South Africa attracting fast food to casual dining operators


For more than a decade, U.S. restaurant companies have cast their expansion gaze toward the so-called BRIC nations of Brazil, Russia, India and China. And more recently, the Middle East has sparked intense development interest.


Now a new acronym is entering the lexicon of expansion-minded operators: CIVETS.


From fast food to casual dining, operators are looking to stake their territory in the emerging markets of Colombia, Indonesia, Vietnam, Egypt, Turkey and South Africa. Th

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