Search form

Login - Register | FOLLOW US ON

Logo of Phnom Penh Post newspaper Phnom Penh Post - Plans for 7-Eleven chain in Cambodia

Plans for 7-Eleven chain in Cambodia

Thailand’s biggest convenience store operator, CP All, plans to apply for licences to open 7-Eleven stores in countries including Cambodia by 2015, according to a Reuters news report yesterday.

The other two countries are Myanmar and Laos, and the plan is part of CP All’s expansion strategy in the region, said the company’s president, Piyawat Titasattavorakul.

Reuters reported he will apply for licences ahead of the ASEAN economic integration in 2015.

No details were given on the number of branches he would open.

CP All is the world’s third-largest operator of 7-Eleven franchises.

The company is a subsidiary of Charoen Pokphand Group.

Attempts to contact Piyawat yesterday were unsuccessful.

The company’s assistant vice-president of corporate communication, Banyat Kamnoonwapana, insisted that “[Piyawat] only mentioned plans, but not the year [by which he intends to open the stores].”

Svay Sovann Ratana, general manager of a Pencil Supermarket branch in Phnom Penh, said he is not too concerned by the prospect of 7-Eleven coming to the city.

“Even though the market here is small, it still has space for competitors,” he said.

But Ly Bunsong, Kiwi Mart’s marketing manager, said, “7-Eleven is a big brand. My company is new – around two years old – and I don’t think we will grow as fast as 7-Eleven.”

To contact the reporter on this story: Low Wei Xiang at lowweixiang@live.com

0

Comments

Please, login or register to post a comment

Latest Video

Google Angkor

Google's 3D Angkor online

Drawing on over one million photos, Google has taken the Angkor Wat temple complex into the digital realm, allowing anyone with internet access to enjoy 360-degree panoramic views of 100 of the ancient temples.

97' grenade attack commemoration

Back in the streets

Thousands of CNRP supporters march through Phnom Penh

This month 20 years ago...

1994-03-25 07:00
KR surprise raid catches town napping
1994-04-22 07:00
Tax proposals need a re-think
1994-03-25 07:00
Expert explains changes needed
1994-03-25 07:00
Neak Loung revisited
1994-04-22 07:00
T3 Prison to move out of town
1994-04-22 07:00
Junta's jail threat