Commonwealth Capital Enters Cambodia with PastaMania & Gelatofix F&B Brands
(PRWEB) April 22, 2015 -- Singapore foodservice conglomerate, Commonwealth Capital Group enters the Kingdom of Cambodia with its two F&B brands – PASTAMANIA Casual Dining Restaurant and GELATOFIX Italian Gelateria and Cafeteria. The franchise agreement was consummated on 8th April 2015 between Commonwealth’s subsidiary, PastaMatrix International Pte Ltd and a local Cambodian company in the real estate and retail business.
This franchise deal continues to highlight Commonwealth’s strong focus on international expansion, especially in the emerging markets like Kingdom of Cambodia. “We are expected to open the first flagship outlet for both PastaMania & Gelatofix in the 3rd Quarter of 2015 at an exclusive heritage site in Phnom Penh overlooking the scenic Mekong River. The location is widely frequented by local trendsetters and tourists. It will serve as a landmark site for a memorable dining and chill out experience,” remarked Ms Yin-Yin Yeo, Managing Director of International Business.
Ms Yeo also said that “Both PastaMania and Gelatofix will provide more exciting dining and hang out options for the Cambodian market. PastaMania features the widest range of great tasting pasta dishes along with authentic Italian pizza that suit the taste buds of Cambodians. We will also be the first in the market to launch an authentic Italian gelato coffee shop chain under Gelatofix. It will be the destination place for young people and students to gather over a mouth-watering yet guilt-less gelato cone and Italian ice beverages.”
PastaMania is the largest Italian casual dining chain in Singapore with over 50 stores in 8 countries. It offers affordable authentic Italian cuisine with remarkable ambient modeled after the Italian piazza concept. The restaurant has been voted as the best Italian Casual Dining restaurant 2014 in Shanghai by That’s Shanghai, a popular lifestyle and F&B Magazine. Gelatofix is an ensemble of an all-star line up with the menu created by Master Chef Filippo Novelli, 2012 Gelato World Cup Champion. The concept features the delicious and creamy gelato cone dripped with dark chocolate created by Italian chocolate king and celebrity chef Ernst Knam. Gelatofix store is designed by Italian architect Mr Stefano Ricci and serves up a variety of menu from desserts to all-day-breakfast and Italian risotto.
The Kingdom of Cambodia with a strong economy growth at above 7% since 2011, a young population with 50% below the age of 25, and a more open & vibrant market is expected to open six PastaMania and Gelatofix stores in total over the next 18 months.
Cheryl Wee, Commonwealth Capital Pte Ltd, http://www.commonwealthcapital.asia, +65 62763009, [email protected]
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