OR joins forces with K-nex launching Otteri

Editorial Staff

OR joins forces with K-nex Corporation, launching the first “Otteri Wash and Dry” in Cambodia    

 
Mr. Racha Uthaichan, senior executive vice president, Global Business, PTT Oil and Retail Business Public Co., Ltd. (OR), and Mr. Sira Srisuksai, vice president , Lifestyle Business Management, PTT Oil and Retail Business Public Co., Ltd. (OR), Mr. Nuttapong Kaewtrakulpong, managing director, PTT (Cambodia) Co., Ltd. (PTTCL), together with Mr. Kavin Nitasnajarukul , chief executive officer of K-Nex Corporation (KNX), jointly signed a single unit franchise agreement to operate “ Otteri Wash & Dry” in Cambodia and attended the official opening of the first "Otteri Wash and Dry" branch in Chbar Ampov PTT Gas Station in Phnom Penh, Cambodia, which is managed by PTT (Cambodia) Co., Ltd. (PTTCL), with H.E. Mr. Cherdkiat Atthakor, Ambassador of the Kingdom of Thailand to the Kingdom of Cambodia, present at the event.

Mr. Racha revealed that the cooperation between OR by PTT (Cambodia) Co., Ltd. (PTTCL) and K-Nex Corporation Co., Ltd. (KNX) – an industrial washing machine and dryer distributor and Thailand’s No.1 laundromat with over 950 branches under trademark “Otteri Wash and Dry” located throughout the country, 40% shares of which are held by OR, was shaped as they foresaw an opportunity to pioneer the laundromat industry in Cambodia. The business model will be identical to that offered in Thailand to enable accessibility to quality self-service laundry under trademark “Otteri Wash and Dry”.

The first branch was launched at Chbar Ampov PTT Gas Station offering 24-hour self-service washing machines and dryers together with free WiFi. In this regard, PTTCL also has a plan to locate 3 more branches of “Otteri Wash and Dry” in Cambodia within 2023.

This cooperation is one of OR's strategies to drive Thai SMEs that OR has invested in to grow in the global arena according to the vision of "Empowering All toward Inclusive Growth". Moreover, this is in line with OR's mission to offer alternatives that best meet all lifestyles and unlock business diversity within the PTT station network in Cambodia to resonate with the needs of customers who now demand more integrated products and services.