Indonesian coffee chain Tomoro Coffee has announced a US$10 million investment to expand its presence in the Philippines.
According to World Coffee Portal, Tomoro Coffee aims to establish 100 stores in the country by the end of this year.
The first Tomoro Coffee store in the Philippines opened in April at the Wynn Plaza apartment complex in Manila. Since then, the chain has opened five sites in the country, including a three-story flagship location at Far Eastern University this month.
Tomoro Coffee, which boasts more than 500 outlets in Indonesia since its launch last August, is aggressively pursuing international growth.
Its recent milestones include debuting in China last year, in Singapore in February, and opening a roastery in Jakarta in May.
The brand plans to produce 2400 tonnes of coffee annually to support its expansion.
“We are pleased to announce our expansion into the Philippines and are committed to providing fresh coffee to our customers regularly,” said Tomoro Coffee.
“This marks a significant step in our journey to reach 1000 stores across Southeast Asia within the next 12 months.”
Tomoro Coffee is actively seeking franchise partners to facilitate its expansion.