KUALA LUMPUR: The Domestic Trade, Co-operatives and Consumerism Ministry expects the franchise industry to make up 9.4% of the country's gross domestic products (GDP) by 2020 from 2.2% in 2010, to be supported by four strategic thrusts identified in the newly launched National Franchise Development Blueprint 2012-2016 (NFDB).
The franchise industry generated a total revenue of RM22.34bil from 2006 to 2010 contributed by 404 franchise companies.
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