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Starbucks to open first store in Cambodia

By Rajiv Menon
1 min read
Starbucks to open first store in Cambodia
In this article (4)

Starbucks Coffee Company is set to open its first location in Cambodia by the end of 2015, making the country its 16th market in the fast-growing China/Asia-Pacific (CAP) region.

The store opening is made possible through its licensing agreement with Coffee Concepts (Cambodia) Limited, which is part of Hong Kong Maxim’s Group.

The first location will open at the newly expanded Phnom Penh International Airport and will be followed by the second store opening in early 2016 in downtown Phnom Penh.

“Cambodia is a vibrant country with a rich cultural heritage, and we are proud to bring the  Starbucks Experience to this market,” said John Culver, group president, China/Asia Pacific, Channel Development and Emerging Brands, Starbucks Coffee Company.

Starbucks currently operates more than 5,200 stores and employs more than 80,000 employees in the CAP region. It operates more than 150 stores in Hong Kong and Macau and 15 stores in Vietnam through Viet Idea Food and Beverages Limited, a sub-licensee of Coffee Concepts (Vietnam) Limited, also a subsidiary of Hong Kong Maxim’s Group.

“We look forward to becoming a part of Cambodia’s local coffee culture, embracing its traditions and sharing our deep passion and knowledge of the best coffees from around the world,” Culver added.

Questions & Answers

Q.

Which company is partnering with Starbucks to open stores in Cambodia?

A.

Starbucks is partnering with Coffee Concepts (Cambodia) Limited, which is a part of Hong Kong Maxim’s Group. This licensing agreement facilitates the opening of the new stores in the country.

Q.

Where will the first Starbucks store in Cambodia be located?

A.

The first Starbucks location in Cambodia will open at the newly expanded Phnom Penh International Airport. A second store is planned for downtown Phnom Penh in early 2016.

Q.

How many markets will Cambodia represent for Starbucks in the China/Asia-Pacific region?

A.

Cambodia will be the 16th market for Starbucks within the fast-growing China/Asia-Pacific (CAP) region. The company currently operates over 5,200 stores and employs more than 80,000 people in this region.

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