PTT Oil and Retail Business Public Company Limited (SET: OR) has announced its Five-Year Investment Plan (2025 -2029) in the amount of THB 60,404.6 million in accordance with the vision of “Empowering All Toward Inclusive Growth” to pass on the opportunity for people, society, and the environment to grow together with the company.
Five-Year Investment Plan in the amount of THB 60,404.6 million, divided by business segment as follows:
The company discloses that OR’s investment plan is to maintain Thailand’s leading position in the oil ecosystem business by expanding the service station network and continuously enhancing infrastructure efficiency to sustain competitiveness, strengthen the Mobility Business for Seamless Mobility, and meet the diverse energy needs of consumers in the future.
In response to the future trend of clean energy, OR has prepared to expand from a fossil-based business to a New Energy-Based by developing a network of electric vehicle charging stations, “EV Station PluZ,” installing solar power systems (Solar Cells), and exploring other alternative energy sources. For Lifestyle Business, OR continues to focus on strengthening Café Amazon throughout the value chain, seeking new investment opportunities to create growth in both food & beverage and other Lifestyle Businesses, and starting to explore the Health & Wellness business, which has high growth potential, in order to meet the needs of All Lifestyle. Moreover, OR prioritizes investments in Global Business in potential countries by strengthening infrastructure abroad, focusing on seeking growth through expanding our network to new countries, co-investing with potential partners through the “Asset-Light Growth” strategy, and looking for new businesses (OR new S-curve) to support the current business to create sustainable growth.
Additionally, OR has prepared a provisional capital expenditure for the next five years of THB 5,081.0 million to capture potential business opportunities, domestically and internationally, aligned with OR’s visions.
