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The 1st Pizza Company Enters Laos's Market


VIENTIANE, March 25 (Bernama) -- Lao and Thai business people opened this week a franchise outlet of the Pizza Company and Swensen's with their joint-venture investment of over 6 billion kip (US$500,000), reports Lao News Agency (KPL) on Thursday.

The outlet becomes the first branch of the well-known international fast food chain in the Lao PDR.

"The company has decided to purchase franchise from the Minor Food Group Public Co. Ltd to operate a fast food business in Laos," said Operations Manager of the Lao Express Food Group (Laos), Ms Phetsavanh Homvannasy.

"Lao business people hold 40 per cent of the share in the joint venture and the rest belongs to Thai partners," KPL cited Phetsavanh, as saying.

The fast food outlet is located next to the National Culture Hall on Samsenthai Road. It is open daily from 10:00 am to 10:00 pm.

The manager said that she had confidence that her fast food service would be attractive to many Lao people, especially the middle and high-income ones.

-- BERNAMA

Posted by samakomlao on 2:07 PM. Filed under , . You can follow any responses to this entry through the RSS 2.0. Feel free to leave a response

13 comments for "The 1st Pizza Company Enters Laos's Market"

  1. Anonymous

    The start of the downward turn what next McDonald's, then Pizza Hut, then KFC.

    Terrible watch everyone get obese.

  2. Anonymous

    How come is called " Pizza Company " when it is more like a fast food restaurant with other dishes also on the menu.

  3. Anonymous

    Fantastic, about time. Bring on KFC and Maccas. As an expat its great to have some home comforts.

  4. Anonymous

    Laos already have better restaurants than thailand. We don't need another thai company.

  5. Anonymous

    Before it used to called the Pizza Hut but after the Pizza Hut contract was over then Thai company changed the name to The Pizza Company and managing by Thai company. Now i's more popular than the Pizza Hut

  6. Anonymous

    Lao people gona get fat like those Falangs soon

  7. Very Amazing ^.^

  8. Good, the new alternative choice of fast food restaurant would contribute job creation to Lao people too, hope so.

    Lp

  9. Anonymous

    It doesn't make sense to blame a fast food chain for making people fat. When it is the people themselves that are putting it into their mouths.

  10. Anonymous

    Why Pizza open in Lao, this food belong Europe people now teenage in Lao start to be fat soon, because of flouver ,forget about KFC ,grill chicken better with stricky rice & JEO BONG, or KAO LAME+pingkai

  11. Anonymous

    Look at owner she are skinny or fat now not take long she shoul be same size like europiane,Looking at a boy behind camera man ,he is look healty.

  12. Anonymous

    I understand now why Laos economic never move forward because they don't accept new things. Fat or not is nothing related with western foods at all. Although you eat too much lao foods, you get fat either.

  13. Anonymous

    With dedication and a fool-proof game program, you can begin a thriving online food enterprise. Click here for more interesting information Resources - Starting a Bakery.

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