The SCTEx service station, located at the highway’s northbound lane on Brgy. Macangcung, Concepcion, Tarlac, is PTT’s biggest station in the country. gFile photo
MANILA, Philippines – PTT Philippines, the local unit of the Thai oil giant, has started the ground works for commenced construction of a two-hectare service station along the Subic-Clark-Tarlac Expressway (SCTEX) as it hopes to hitch a ride on the booming economy in the Northern Luzon region.
The service station, located at the highway’s northbound lane on Brgy. Macangcung, Concepcion, Tarlac, is PTT’s biggeststation in the country.
PTT Philippines Corp., Sukanya Seriyothin, president and chief executive officer said the latest expansion project is part of the company’s long-term investment plan in the country.
It also reflects the company’s confidence in the Philippines, Seriyothin added.
“PTT’s expansion of its investment shows our confidence in the government and in the business climate in the Philippines.”
The start of construction of the retail station comes just less than a year since PTT Philippines bagged the contract to develop the area.
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PTT Philippines won the contract in July 2014 in a competitive bidding conducted by the Bases Conversion and Development Authority (BCDA), the state-owned agency tasked to develop former military bases.
PTT was given two years to develop the two-hectare property.
For the station, the company plans to bring the same retail service experience in Thailand to the Philippines.
“We will bring the kind of station, products and services that we have in Thailand similar to our Platinum Stations with one-stop-shop facilities for customers from fuel, to food, to car services, to toilets and other amenities, including our signature coffee shop, Cafe Jungle,” Seriyothin said.
Thailand’s biggest oil player also operates in Laos, Myanmar, and Vietnam but the biggest operations outside its home country are in the Philippines, with 84 service stations all over Luzon and in Cebu in the Visayas.
In January this year, PTT Philippines opened its first Platinum Station, sitting on a 1.5-hectare property in Lucena City.
For the PTT SCTEX project, construction is currently on Phase 1, which will cover land development, backfilling works and construction of retaining walls.
“Currently, Phase 1 is about 80 percent done and it is expected to be finished by end of July to middle of August 2015,” Seriyothin said.
The target is to finish construction by May 2016.