The PTT of Thailand has a plan to expand its master franchise of Cafe Amazonto 13 petrol stations in the Lao PDR.
The signing ceremony of master franchiseof Cafe Amazon of PTT Laos was held at the Crown Plaza hotel Vientiane Capital on May 30.
The master franchise expansion was signed between Senior Executive Vice President of PTT Public Company Limited Auttapol Rerkpiboon and Managing Director of PTT Lao Company Limited Somchart Sermvongtrakul.
Witnesses at the event were Chief Operating Officer, Downstream Petroleum Business Group, PTT Public Company Limited SarunRungkasiri, Vice Minister of Information, Culture and Tourism Boua-Ngem Xaphouvongand Director General Domestic Trade Department, Minister of Industry and Commerce Bounlien Keosipha.
Mr Rungkasiri stated that PTT aims to become one of thetop brands in the Indo-China region by introducing Cafe Amazon to new markets in Southeast Asian along with PTT petroleum products.
After the success of granting the first rights of a master franchise of Cafe Amazon in Cambodia to PTTCL, PTT continued to pursue the same path by granting rights to PTT Laos and other countries such as Myanmar, Japan and Oman.
“Granting rights of a master franchise of Cafe Amazon to PTT Lao not only creates an opportunity to expand our businesses remarkably in Southeast Asia but also provides jobs for Lao peopleand generates economic growth for our neighbour with products and services of international standard and reasonable price.
Presently, there are 25 Cafe Amazon outlets in Lao PDR operated by PTT Lao with a target set at 38 branches by the end of 2017 and75 branches by 2021.
PTT continues to drive its business towards building the pride and treasure of Thailand. Promoting recognition of Thai brands like Cafe Amazon to coffee consumers in ASEAN, is one the initiatives for PTT to become a Global brand,” said Mr. Sarun.
Source: Lao News Agency