Cambodia has 6 car assembly plants: PM
Cambodia has 6 car assembly plants: PM
Prime Minister Hun Manet said on Thursday that Cambodia currently has six automotive assembly plants, manufacturing various types of cars for the domestic market.
The six plants included Daehan Auto manufacturing Ssangyong, RMA Automotive making Ford, Camko Motor producing Hyundai, HGB Motors Assembly manufacturing Kia, GTV Motor producing local brand cars GTV, and Toyota Tsusho Manufacturing (Cambodia) making Fortuner and Hilux.
Hun Manet said these domestic car assembly plants have helped reduce car imports and supplied cars to the local market at a cheaper price.
“These auto assembly plants have been importantly contributing to the development of the automotive industry in Cambodia,” he said in a speech during the launching ceremony of Toyota Tsusho Manufacturing (Cambodia) in the Royal Group Phnom Penh Special Economic Zone.
He added, “We hope more foreign carmakers will invest in auto assembly plants in Cambodia in the future.”
The Southeast Asian country imported vehicles worth $366.8 million during the January-March period of 2024, down 15.6 percent from $434.6 million in the same period last year, according to the latest report by the General Department of Customs and Excise.
