PTT Oil and Retail Business (OR) is putting new non-oil businesses it has recently invested in, including Ohkajhu organic restaurants and Pacamara coffee houses, on a fast track for business expansion, OR president and chief executive Jiraphon Kawswat says.
The new non-oil businesses will consume 15% of its 74-billion-baht capital spending budget between 2021 and 2025.
Their rapid growth will synergise with the operation of PTT stations nationwide, which currently offer a range of services from oil refilling to convenience stores and Cafe Amazon.
Despite their primary purpose to refuel cars, PTT stations see more than 60% of their average daily 3 million customers…