SINGAPORE (May 16): Singapore Myanmar Investco has signed a franchise agreement with Crystal Jade Management Vietnam to operate and manage the Crystal Jade Group restaurants in Myanmar.

Crystal Jade Group is a household name in Chinese cuisine and owns and operates more than 100 outlets in 20 cities in the Asia Pacific region and in the United States.

Under the terms of the agreement, SMI will have the exclusive right to develop, manage and operate the “Crystal Jade Kitchen”, “Crystal Jade Palace Restaurant” and “Crystal Jade La Mian Xiao Long Bao” restaurants in Myanmar for 10 years, with the option to extend it for another 10 years.

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