Mega Home looks to borders in Thailand
In this article (4)
Thailand’s Mega Home Center Co, the chain seller of home and construction materials, is keen to expand its branches in border provinces to cash in on flourishing border trade and special economic zone activity.
Supornsri Naktanasukanjn, the company’s chief operating officer, said it aims to open 20 branches by 2018, including four this year with an investment cost of THB400-500 million (USD12.3-15.4 million) per location.
Founded in late 2013, Mega Home operates four stores in Pathum Thani’s Rangsit, Tak, Nong Khai and Chon Buri. A fifth store in Prachin Buri’s Kabin Buri is scheduled to open in May. New stores in Min Buri, Bangkok and Sa Kaeo’s Aranyaprathet will open in August and October, respectively. The eighth store is being planned.
Questions & Answers
Q.What is the primary reason Mega Home is focusing on border provinces for expansion?
What is the primary reason Mega Home is focusing on border provinces for expansion?
The company is keen to expand in border provinces to take advantage of the growing border trade and increased activity within special economic zones in those areas.
Q.How many new branches does Mega Home plan to open this year, and what is the estimated cost?
How many new branches does Mega Home plan to open this year, and what is the estimated cost?
Mega Home intends to open four new branches this year. Each new location is expected to cost between THB400 million and THB500 million.
Q.Where are Mega Home's current operating stores located?
Where are Mega Home's current operating stores located?
Mega Home currently operates four stores. These are situated in Pathum Thani’s Rangsit, Tak, Nong Khai, and Chon Buri.