Starbucks Coffee Company is set to open its first location in Cambodia by the end of 2015, making the country its 16th market in the fast-growing China/Asia-Pacific (CAP) region.
The store opening is made possible through its licensing agreement with Coffee Concepts (Cambodia) Limited, which is part of Hong Kong Maxim’s Group.
The first location will open at the newly expanded Phnom Penh International Airport and will be followed by the second store opening in early 2016 in downtown Phnom Penh.
“Cambodia is a vibrant country with a rich cultural heritage, and we are proud to bring the Starbucks Experience to this market,” said John Culver, group president, China/Asia Pacific, Channel Development and Emerging Brands, Starbucks Coffee Company.
Starbucks currently operates more than 5,200 stores and employs more than 80,000 employees in the CAP region. It operates more than 150 stores in Hong Kong and Macau and 15 stores in Vietnam through Viet Idea Food and Beverages Limited, a sub-licensee of Coffee Concepts (Vietnam) Limited, also a subsidiary of Hong Kong Maxim’s Group.
“We look forward to becoming a part of Cambodia’s local coffee culture, embracing its traditions and sharing our deep passion and knowledge of the best coffees from around the world,” Culver added.