Independent oil company Seaoil Philippines Inc. is putting up a P350-million ‘mega station’ along the Subic-Clark-Tarlac Expressway (SCTEX).
Seaoil chief executive officer Glenn Yu said the mega station will be the company’s biggest project this year.
“This is one of our biggest projects this year and it is very significant because the agreement features the convergence of 100 percent Filipino-owned companies,” said Yu.
The two-hectare property will be the first mega station to rise along the SCTEX and will be operational by the end of the year.
Yu said it will house some of the most popular fast food establishments in the country.
To develop the project, Seaoil has teamed up with CityMall Commercial Centers Inc. (CMCCI), a unit of developer DoubleDragon Properties Corp.
“We are honored to partner with DoubleDragon, one of the fastest growing commercial and residential property developers in the Philippines,” said Yu.
The mega station will be located midway from Baguio to Manila, which would make it a perfect stopover for motorists coming from the north.
The full-service filling station will have an array of restaurants, convenience stores and “pasalubong” kiosks. It will also have spacious rest rooms, parking spaces and relaxation areas for travel-weary customers.
For over 18 years, Seaoil has consistently been able to introduce more advanced and environment-friendly fuel specifications ahead of its competition.
Yu said Seaoil is committed to providing high-quality and affordable products to more Filipino consumers and continues to expand its retail network even in areas with under-served markets.
From one station when it started retailing in 1997, it now has over 400 stations in different parts of the archipelago. It also currently owns and operates 11 strategically placed depots all over the country.
DoubleDragon is a joint venture between Injap Investments Inc. headed by its chairman Edgar “Injap” Sia 2nd, founder of Mang Inasal Philippines Inc., and Honeystar Holdings Corp. headed by its chairman Tony Tan Caktiong, founder and chairman of Jollibee Foods Corp.