Near doubling its market share within the last year, Future Energy Source Company Limited (Fesco), in an outlook for continued growth, said it is seeking to expand its fleet of service stations across the island by early next year.

“What we envision is that within the next 15-18 months, we will be at 20 or 22 stations. We believe we are sufficiently small, currently, and that we can grow, there is a lot of geographic space in Jamaica, so we do see where there is a lot of opportunity to grow,” said the company’s managing director during a Mayberry Investors Forum held last week.

 

“You can look for us coming closer to you with new locations. We get calls every day from people wanting to open stations and to become station dealers. Typically, gas stations take about three years from the planning to the opening date, and so we are at various stages of the process for each location,” he added.

https://www.jamaicaobserver.com/business-observer/fesco-fuel-plans-for-growth_244590