The Kingdom’s first Ford assembly plant was inaugurated on June 16 in Pursat province amid rising demand for brand-new vehicles among Cambodians. The facility is seen as a game changer for the domestic automobile industry, which could bring a wave of investors seeking to cash in on the upward trend.
At the inauguration ceremony, Ngorn Saing, CEO of RMA (Cambodia) Plc, an authorised Ford automobile distributor in Cambodia, noted that the more-than-5ha plant in Pursat’s easternmost Krakor district with capital investment of $21 million would create over 500 jobs and assemble about 9,000 vehicles each year.
He commented that more Cambodians were looking to buy new Ford models as the economy and incomes grow, and that the brand “has become the leading choice of customers in Cambodia”.
“Therefore, the company decided to set up a Ford assembly plant with full rights, to assemble vehicles from the parent company, Ford Motor Co,” he said, adding that the Ranger SUVs and Everest pickup trucks would be assembled “in accordance with Ford standards”.
He said that the company was also working with the Polytechnic Institute of Pursat Province (PIPP) to train staff and improve the technical skills needed to do the job.
“We strongly believe that the Ford assembly plant will contribute to the development of the automotive industry and boost the economy in Cambodia by increasing domestic production in line with international standards in the era of technological globalisation,” Saing said.
For full article, please read here
Author: May Kunmakara
Source: The Phnom Penh Post
Publication date: 16 June 2022