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Friday 27 February 2009

Korea plans to build an automobile assembly plant in Cambodia

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everyday.com
26th Feb, 2009
Translated from Khmer by Khmerization

Hyundai Motor Company, the biggest Korean car-maker, plans to build an automobile assembly plant in Cambodia, according to Mr. Korm Kosal, chief of cabinet of Mr. Heng Samrin, president of the Cambodian National Assembly.

Mr. Korm Kosal told reporters that the vice-president of Hyundai company had proposed to build an assembly plant in Cambodia after he met Mr. Heng Samrin on Wednesday 25th February. Mr. Korm Kosal said that Mr. Heng Samrin expressed his support for the proposal.

Mr. Korm Kosal added that Mr. Heng Samrin was very pleased with the proposal because it happened when Cambodia had achieved total peace and political stability which have created favourable conditions for businesspeople and tourists to explore Cambodia's potential.
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Cambodia to build first automobile assembly plant

PHNOM PENH, Feb. 27 (Xinhua) -- One Cambodian company is putting the pedal to the metal after having received the approval from Prime Minister Hun Sen to begin construction on the country's first automobile assembly plant, national media reported Friday.

The 60 million U.S. dollars factory will assemble cars for the South Korean automobile maker Hyundai, which will supply vehicle parts, Lim Visal, assembly plant coordinator for Camco Motor Company was quoted by the Cambodia Daily newspaper as saying.

"The assembly factory will be constructed on 16.5 hectares of land in the Special Economic Zone in Koh Kong province and a car showroom will be opened in Phnom Penh," Lim Visal said, adding that the target date for the start of production is the middle of 2010.

Lim Visal said 500 workers will be hired for the construction of the plant, 1,000 after the construction is complete and possibly a total of 3,000 in the next 10 years.

"The company plans to hire locally to man the plant and some of those hired will be sent to South Korea to train," he said.

3 comments:

Anonymous said...

MAKE SURE YOU ARE NOT
CAMBODSIX, OTHERWISE YOU KNOW
WHAT HAPPEN
HAMONA HAMOOT

Anonymous said...

Yes, CamboSix is owned by Kith Meng. Maybe it's a sign that Kith Meng had a fall out with Mr. Hun Sen.

Unknown said...

Thanks for sharing valuable information. i like to update with latest Auto News India. i like your blog.