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60th KFC restaurant opens in Trinidad

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TRINIDAD GUARDIAN: After an unplanned delay of more than two months, Prestige Holdings finally had the opportunity to open its 60th Kentucky Fried Chicken restaurant at Xtra Plaza, Guiaco, Sangre Grande.

CEO Simon Hardy said the restaurant was set to be open in April, but Prime Minister Dr. Keith Rowley’s announcement that restaurants would be shut down as a COVID-19 precautionary measure put the launch on pause.

“This store was actually planned to open before the shutdown. We were about two days from opening it when we had the surprise shut down at the end of April,” said Hardy, who expected the new restaurant to be a success given the brand’s popularity over the years.

“KFC is a very strong brand in Trinidad and Tobago and it has been here over 45 years now,” said Hardy.

KFC in a social media statement on the opening of the restaurant, also noted the success of the brand in Trinidad and Tobago.

“Expanding operations creates even more career opportunities in the fast food industry and shows the confidence the brand has in the local economy. This opening reinforces KFC Trinidad & Tobago as the world’s most penetrated KFC market,” the restaurant chain said in the release.

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Despite their popularity Hardy said there were no plans to open another KFC restaurant this year.

“We have no plans to open any new KFC  outlets this year in terms of development. Obviously if developments come on board, if it makes sense, we will continue and monitor,” said Hardy, who however noted that another popular franchise under the Prestige umbrella – Starbucks – would see expansion.

“ Across our other brands apart from KFC, Starbucks is also adding stores. We added another one in Gulf View in February and next month we expect to open one in Shops of Trincity,” said Hardy, who also explained that plans for a Grand Bazaar branch were also being considered.

KFC acknowledged that patrons will not be able to dine in at the “a sleek new modern “R.E.D.” design” of the new restaurant but “ patrons of this restaurant can expect the same delicious, mouthwatering chicken via takeaway, drive-thru, curbside pickup, home delivery by calling or ordering in the app.”

The restaurant chain continued, “The management and staff of KFC reminds the public that Covid-19 protocols are being adhered to at this as well as all locations nationwide and we wish to thank all our loyal customers for their patronage.”

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REQUEST FOR EXPRESSIONS OF INTEREST

(CONSULTING SERVICES – INDIVIDUAL SELECTION)

 

OECS MSME Guarantee Facility Project

Loan No.: IDA-62670, IDA-62660, IDA-62640, IBRD-88830, IDA-62650

Assignment Title: Senior Operating Officer (SOO)

Reference No. KN-ECPCGC-207852-CS-INDV

 

The Governments of Antigua and Barbuda, Commonwealth of Dominica, Grenada, St. Lucia and St. Vincent and the Grenadines have received financing in the amount of US$10 million equivalent from the World Bank towards the cost of establishing a partial credit guarantee scheme, and they intend to apply part of the proceeds to payments for goods, and consulting services to be procured under this project. 

The consultant will serve as the “Senior Operating Officer (SOO)” for the ECPCGC and should possess extensive knowledge of MSME lending with some direct experience lending to Micro, small and medium-sized businesses, knowledge of the internal control processes necessary for a lending operation and the ability to design and implement risk mitigation procedures. The ideal candidate should possess an Undergraduate Degree from a reputable college or university, preferably in Business, Accounting, Banking or related field, with a minimum of 5 years’ experience in lending, inclusive of MSME lending. The initial employment period will be for two years on a contractual basis. Renewal of the contract will be subject to a performance evaluation at the end of the contractual period. The assignment is expected to begin on September 30th, 2021.  The consultant will report directly to the Chief Executive Officer of the ECPCGC.

The detailed Terms of Reference (TOR) for the assignment can be viewed by following the attached link below. 

 

https://bit.ly/3iVannm

 

The Eastern Caribbean Partial Credit Guarantee Corporation (ECPCGC) now invites eligible “Consultants” to indicate their interest in providing the Services. Interested Consultants should provide information demonstrating that they have:

  • An Undergraduate Degree from a reputable college or university, preferably in Business, Finance, Banking or related field; and
  • Minimum of 5 years’ experience in MSME lending. Applicants should also have:
  • The ability to design and implement risk management procedures 
  • Extensive knowledge of MSME lending with some direct experience lending to small and medium-sized businesses
  • Extensive knowledge of MSME banking operations
  • Knowledge of the internal controls necessary for a lending operation and the ability to design and implement risk management procedures
  • Experience developing and presenting information in public, including responding to questions in real-time
  • Experience lending to MSMEs located in the ECCU
  • Knowledge of marketing and communicating with the MSME sector
  • Ability to draft procedures to be used in a lending operation
  • Familiarity with the mechanics of a loan guarantee program
  • Exceptional written, oral, interpersonal, and presentation skills, and
  • Proficiency in the use of Microsoft Office suite.

The attention of interested Individual Consultants is drawn to Section III, Paragraphs 3.14, 3.16, and 3.17 of the World Bank’s Procurement Regulations for IPF Borrowers July 2016, [revised November 2017] (“Procurement Regulations”), setting forth the World Bank’s policy on conflict of interest. A Consultant will be selected in accordance with the Approved Selection Method for Individual Consultants set out in the clause 7.34 of the World Bank Procurement Regulations for IPF Borrowers. 

 

Further information can be obtained at the address below during office hours 0800 to 1700 hours:

Eastern Caribbean Partial Credit Guarantee Corporation

Brid Rock, Basseterre,

St. Kitts.

Expressions of interest must be delivered in a written form by e-mail by August 11th, 2021, to [email protected]

 

For further information, please contact:

Carmen Gomez-Trigg                                                            Bernard Thomas

Chief Executive Officer                                                          Chief Financial Officer

Tel: 868-620-8144                                                                  Tel: 869-765-2385

Email: [email protected]                                          [email protected]