Nissan Plant to Make Debut

A Malaysia-based automobile conglomerate plans to set up a factory assembling vehicles and producing spare parts in Cambodia.

Tan Chong Motor Holdings CEO Tan Heng Chew spoke about his company’s wish to invest in the country after meeting Prime Minister Hun Sen on Monday.

The idea is for Nissan vehicles to be assembled and for parts to be made. No details have been revealed of the size of the investment or where the plant might be located.

Mr. Heng Chew said his company had assembled cars for 60 years and had experience in parts production for 45 years. It had factories in Vietnam, Malaysia and Myanmar.

“So we should consider putting factories in Cambodia to serve the Cambodian market and Asian market, as well as other markets in the world,” he said.

Mr. Hun Sen welcomed the investment plan.

His personal assistant, Eang Sophalleth, said: “The prime minister said that if this plant can produce or can be set up in the country, it would represent a successful industrial policy in the period from 2015 to 2025.

“The prime minister told Mr.  Heng Chew that setting up the Nissan brand in Cambodia would not only serve the Cambodian market, but would cover the Asean market with a population of 700 million people.”

About 150 Malaysian companies have invested in 131 projects worth $1.7 billion in total in Cambodia, a trade specialist at the Malaysia External Trade Development Corporation said.

KHMER TIMES
SUM MANET