Fifth largest company in Thailand to open 500 restaurants in Australia

Set to continue Australian expansion.

According to an article published by the Smart Company, Thailand food giant Charoen Pokphand Foods recently opened its first Thai fast food restaurant, 1000 WAT in Melbourne’s new Emporium shopping centre.

Click here to read the full story at the Smart Company

CP Food’s regional general manager Richard Lovell told The Australian the group wanted to expand 1000 WAT to up to 500 outlets nationwide, including rolling out a franchise model in two years.

“The best-practice model for restaurants and franchises globally is in Australia,’’ he said.

“Over the next four years our target is 300 to 500 stores with a modern Thai, fast food, great value-for-money offering.’’

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