Thai gas-stations operator PTT plans to open up to 20 new Cafe Amazon outlets across the Philippines next year, as part of the company’s non-oil expansion plans.
PTT Philippines President and CEO Thitiroj Rergsumran said the company is allotting 80 million pesos (US$1.6 million) to expand the Cafe Amazon network, which currently stands at about 15.
Rergsumran said the expansion is driven by the country’s vibrant economy and the strong reception it receives from customers.
“We expect to duplicate our target next year, so you could expect us to be more visible in various areas in the Philippines especially in the provinces,” he said.
PTT also plans to open 40 new gas stations next year, in addition to its existing 170.
A subsidiary of Thailand-based PTT Oil and Retail Business, PTT Philippines has been operating for 20 years. It introduced Cafe Amazon into the country in 2016.
In Thailand, there are more than 2500 Cafe Amazon outlets trading, along with more than 200 abroad, including in Cambodia, Laos, Japan, Myanmar, Oman, Singapore, China and the Philippines.