Toyota Unveils US$36m Assembly Plant in Phnom Penh SEZ

In a significant boost to Cambodia’s automotive industry, a new Toyota assembly plant, valued at over US$36 million, was officially inaugurated in the Phnom Penh Special Economic Zone on 2 May 2024. This landmark event was presided over by Samdech Hun Manet, Prime Minister, marking a new era in the country’s manufacturing capabilities.

The Toyota Assembly Plant, a venture between TOYOTA TSUSHO CORPORATION of Japan, holding a 90% stake, and Kong Nuon Group with a 10% share, represents a strategic partnership aimed at bolstering the automotive sector in Cambodia. The facility spans a total area of 42,971 square metres within the Royal Group Phnom Penh Special Economic Zone, having secured an investment registration certificate from the Council for the Development of Cambodia. (Read more)

This state-of-the-art factory, which has garnered investment capital amounting to US$36,781,000, employs 150 individuals. It specialises in assembling two of Toyota’s flagship models: the FORTUNER SUV and the HILUX Pick-Up. For the year 2024, the plant is set to assemble 1,320 vehicles to meet the burgeoning market demand, including 290 FORTUNER cars and 1,030 HILUX cars.

The inauguration of Toyota’s assembly plant adds a significant milestone to Cambodia’s growing automotive industry, which now boasts six domestic car assembly plants.

  1. The first of these was established by DAEHAN AUTO (CAMBODIA) CO., LTD. in 2022 in Svay Rieng province, focusing on SAMYUNG car production.
  2. This was closely followed by the initiation of RMA AUTOMOTIVE (CAMBODIA) CO LTD in Pursat province, also in 2022, for FORD car production.
  3. Subsequent establishments include CAMKO MOTOR CO., LTD. in Koh Kong province for HYUNDAI car production.
  4. HGB MOTORS ASSEMBLY CO., LTD. in Banteay Meanchey province for KIA car production in 2023, and
  5. GTV MOTOR CO., LTD in Kandal province, which is currently in the testing phase.

This expansion underscores Cambodia’s ambition to become a key player in the regional automotive manufacturing and assembly landscape, with the Toyota assembly plant poised to play a pivotal role in this industrial evolution.

- Video Advertisement -

Related Post

Chinese Investors Eye Opportunities in Cambodia’s Booming Economy

In a significant move to strengthen economic ties, approximately 40 Chinese companies convened with representatives from the Cambodian Chamber of Commerce to explore promising investment opportunities across various sectors in Cambodia. The meeting was spearheaded by Oknha Banthi Vinh Hour, Vice President of the Cambodian Chamber of Commerce, and Ji Lin, President of the China […]

Japan Plans to Establish Rural Special Economic Zones to Boost Cambodian Agriculture

In a significant move to enhance Cambodia’s agricultural sector, the Japan Development Institute Ltd. (JDI) has unveiled plans to establish rural special economic zones in the country. This initiative was highlighted during a meeting on May 19, 2025, between Mr. Heng Ratana, CEO of the Cambodian Mine Action Centre (CMAC), and Dr. Shoichi Kobayashi, an […]

Kampong Speu Province Welcomes New Cement Giant: Factory Inaugurated with Investment Over USD250 Million

  Kampong Speu Province is set to bolster its industrial landscape with the recent inauguration of a large-scale cement factory, officially opened on May 20, 2025, under the leadership of Prime Minister Hun Manet. The factory, located in Oral District, represents a significant investment of over USD 250 million by Conch KT Cement Company, marking […]

Investment Surge in Cambodia: 13 New Projects Proposed

In a promising development for Cambodia’s economy, a group of investors has submitted applications for 13 qualified investment projects, boasting a combined capital of USD 318 million. The Council for the Development of Cambodia has commenced a thorough evaluation of these proposals, signaling a potential boost to the nation’s industrial landscape. During a meeting held […]

Cambodia Sees Surge in Investment: 231 New Projects Worth USD 3.4 Billion Approved in Early 2025

In an encouraging start to 2025, Cambodia has demonstrated robust economic growth, with the Council for the Development of Cambodia approving 231 new investment projects in the first four months, totaling an impressive USD 3.4 billion. This marks a significant increase of 34% in investment capital compared to the same period last year. The latest […]

Taiwanese Tech Giant ADATA Expresses Interest in Investing in Cambodia’s Technology Sector

In a significant development for Cambodia’s tech landscape, ADATA Technology Co., Ltd., a leading Taiwanese technology company, has officially expressed its interest in investing in the country’s advanced technology sector. This announcement came during a meeting between Cambodian Prime Minister Hun Manet and ADATA Chairman CHEN Simon held on April 30, 2025. During their discussion, […]