Motor Cambodia Assembly Plant Worth Over US$20 million Officially Inaugurated

16 June 2022
Local News
2729 Views

The Motor Cambodia Assembly Plant worth more than US$20 million in Pursat province was officially inaugurated on 16 June 2022 by His Excellency Hun Manet, Deputy Commander of the Royal Cambodian Armed Forces and Commander of the Army.

Speaking at the event, HE Hun Manet expressed his great pride in the people of Pursat, especially the people of Krakor district because the US giant car manufacturer decided to invest in an assembly and installation plant so Ford can meet the needs of Cambodians.

This Ford assembly plant is an investment of US$21 million by RMA AUTOMOTIVE (CAMBODIA) which announced the investment in September 2021. (Read more)

The factory has been built on an area of more than 4 hectares in Saravan village, Sna Ansa commune, Krakow district, Pursat province, and will be able to absorb about 500 workers for the production line to meet market demand.

The plant will assemble and assemble the Ford Ranger and Ford Everest, with plans to assemble a total of 4,500 vehicles in the first year to meet the needs of the Cambodian market alone.

- Video Advertisement -

Nippon Koei and Inoue Calcium Target Cambodian Cashew Processing Industry

31 January 2025

Two foreign companies, Nippon Koei Business Partners Co., Ltd. and Inoue Calcium Corporation, are set to make significant investments in Cambodia’s growing cashew processing sector. They aim to enhance the quality of cashew nuts for export, particularly to Japan. On January 30, 2025, two important meetings took place that could impact the future of Cambodia’s […]

Cambodia’s Real Estate Market Faces Mixed Signals Amid Regional Benchmarks

27 January 2025

Cambodia’s commercial real estate market reveals significant challenges with office occupancy rates at 65.1%, well below the international benchmark of 85-90%, while maintaining premium rents at $27 per square meter, according to the “Fearless Forecast” report presented by CBRE Cambodia Chairman Marc Townsend at Novotel Phnom Penh BKK1 on 14 January 2025. The retail sector […]

Cambodia to Establish Private Business Centers in the UK and India to Attract Investors

22 January 2025

Cambodia is set to establish private trade centers in London and New Delhi to promote Cambodian products in international markets and draw foreign investors. This initiative was discussed during a meeting on January 20, 2025, between Lok Chumteav Chamnimol, the Minister of Commerce, Tycoon Lim Bunsour, CEO of AZ Group, and Mr. Jas Sohl, Director […]

Cambodia Poised for Economic Windfall as U.S. Trade Policy Shifts from Vietnam

20 January 2025

Cambodia stands to emerge as a major beneficiary of potential U.S. trade policy shifts, with experts predicting significant manufacturing opportunities if Donald Trump returns to office, particularly as Vietnam faces possible trade tariffs similar to those previously imposed on China, according to 2025 Fearless Forecast shared at a Real Estate Forum in Novotel Phnom Penh […]

Sweden’s Largest Factory Unveiled in Phnom Penh: A New Era for Cambodia’s Economy

18 January 2025

In a landmark event on January 17, 2025, Sweden’s prestigious glove manufacturer, HESTRA (Cambodia) Co., Ltd., officially opened the doors to its state-of-the-art factory located in the Royal Phnom Penh Special Economic Zone. The inauguration ceremony was graced by notable figures, including HE Chea Vuthy, Secretary-General of the Investment Committee of Cambodia, and Ms. Anna […]

Emerging Green Journey: Cambodia’s Electric Vehicle Boom in 2024

17 January 2025

In 2024, Cambodia experienced a remarkable increase in electric vehicle registrations, reaching a total of 2,253—a staggering 620% rise compared to 2023. HE Phorn Rim confirmed this, the Ministry of Public Works and Transport spokesman, on January 15, 2025. This substantial growth indicates a positive shift towards green transportation in Cambodia. HE Phorn Rim stated, […]