8/13/2023 0 Comments Venture plan wow addon![]() ![]() ![]() In fact, KR has some ambitious expansion plans on the horizon However, the success of KR hasn't stopped its owners from expanding even further. The company was always ready to explore new markets and opportunitiesįor example, they entered into a joint venture with the US Navy to convert commercial ships into military vessels.Year Keppel's Milestone 1980 Completed North Sea's first jack-up drilling rig for the Norwegian offshore drilling contractor, Smedvig 1997 Became the world's first yard to deliver a 100% complete converted Floating Production Storage and Offloading (FPSO) vessel- 'Whatley Venture' - to US operator Kerr-McGee 2018 Successfully delivered 15 jack-ups in a year, which is the highest number of rigs ever delivered by any company in the world in a single calendar year Keppel's success continued in the 2000s too.The company diversified into new areas such as property development and infrastructure.It also entered into partnerships with leading companies to carry out joint ventures.įor example, it formed an alliance with the Indian conglomerate, Larsen & Toubro, to build integrated townships and industrial parks in India.The company's remarkable growth story shows that when the right combination of government support, innovative culture and entrepreneurial spirit comes together, great things can be achieved.KR's Expansion PlansKR, or Karma Restaurant, is a popular dining destination among foodies and casual diners alike.Known for its eclectic menu and unique atmosphere, KR has become a household name in the restaurant industry. ![]() The 1970s and 1980s were the golden years for KRĭuring this period, Singapore emerged as one of the world's most important ports.The Singapore government also identified the importance of the shipbuilding industry and provided strong support and incentives for the local companies to thrive.Keppel was among the biggest beneficiaries of this support.The company grew and expanded its operations not only in Singapore but also in other Southeast Asian countries such as Malaysia, Indonesia and Vietnam.īy the mid-1990s, Keppel was already a well-established shipyard and offshore company with a solid reputation and an impressive track record.The company was among the top three shipyards in the world in terms of rig building.Keppel's success was not only because of the support from the Singapore government but also because of its innovative and entrepreneurial culture. Lim Kim Hai.At that time it was a small ship repair and building establishment.However, under the astute leadership of its subsequent chairmen and CEO's, the company grew and diversified rapidly.Today, Keppel has a global presence with operations in more than 20 countries around the globe. The company was founded in 1968 as Keppel Shipyard by the late Mr In this blog post, we will explore KFC's expansion plans, their secrets to success, and a brief history of the brand's journey.History of KRKR or Keppel Corporation Limited is a Singaporean conglomerate with operations in marine, property, and infrastructure industries. As one of the leading fast-food chains in the world, KFC has made quite an impact since its inception in 1952.The mastermind behind this chicken empire, Colonel Harland Sanders, opened the first-ever KFC in Kentucky, and today, the franchise has over 22,000 locations globally.KFC's explosive success is due to several factors, one of which is their expansion plans.The brand has always been keen on expanding its presence across countries, and this strategy played a significant role in its worldwide growth. ![]()
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