CP All Plc (CPALL)’s chairman Korsak Chairassameesak said the company hopes to generate around 110 billion baht in sale for 2010, up 10 to 15 percent from 2009 of 90 billion baht through over 5,300 seven-eleven stores across the country.

He said nation’s largest retail chain also plans to expand its stores to 7,000 locations by 2013.

“We plan to open around 400 and 500 new stores yearly,” Mr. Korsak said. “That means we’ve added four to five new stores daily.”

Seven-eleven said it welcomes an average of 1,200 customers per store daily.

To secure its sustainable growth program, the company joins hand with Thai leading lenders to facilitate the loan processes for new entrepreneurs of the franchise with up to 2.5 million baht in loan term and rapid approval package of only three business days.

The loan is non-secured with up to 10 years repayment period at the MLR privilege.