In a significant development for the local business
landscape, KeW Foods Corporation and the Local
Government Unit (LGU) of Ubay have signed a
contract for the establishment of a McDonald’s
restaurant in Ubay, Bohol.
The contract signing ceremony took place at the
Ubay Municipal Hall on July 26, 2023. Both parties
expressed their enthusiasm for the venture,
recognizing the positive impact it would bring to
the municipality and its constituents.
Dr. Wilson Du, the CEO of KeW Foods
Corporation, emphasized the company’s
commitment to promoting economic growth and
job opportunities in Ubay.
He expressed delight in partnering with the Ubay
LGU, acknowledging their support and seamless
collaboration throughout the negotiation process.
Municipal Mayor Constantino H. Reyes highlighted
the benefits that McDonald’s entry would bring to
Ubay.
Apart from contributing to the local economy, the
fast-food restaurant would also provide a new
dining option for residents and attract visitors from
neighboring towns, further boosting Ubay’s status
as a thriving business hub, the Mayor said.
The McDonald’s establishment in Ubay is
expected to create numerous employment
opportunities for the local workforce, stimulating
the job market and potentially improving the
livelihoods of the community, Mayor Reyes added.
The partnership between KeW Foods Corporation
and the Ubay LGU exemplifies the potential for
fruitful collaboration between the private sector
and local government, working together to foster
economic development and progress, Dr. Du said.
With the contract now officially signed, both parties
eagerly look forward to the groundbreaking of the
new state-of-the-art McDonald’s restaurant, which
is slated to become a beacon of growth and
prosperity for Ubay and its people, Du added.
As the restaurant takes shape in the coming
months, it will undoubtedly represent more than
just a place to eat; it will symbolize the spirit of
cooperation and the bright future that lies ahead
for the partnership between KeW Foods
Corporation and the Local Government Unit of
Ubay, Kew Foods Corporation management said
in a statement.
Impact of McDonald’s
KeW Foods Corporation and the Ubay LGU
have signed a contract for the establishment of
a McDonald’s restaurant in Ubay, Bohol.
The restaurant is expected to create numerous
employment opportunities for the local
workforce.
The partnership between KeW Foods
Corporation and the Ubay LGU is an example
of fruitful collaboration between the private
sector and local government.
The restaurant is slated to become a beacon
of growth and prosperity for Ubay and its
people.