ABC Radio Australia
Japanese companies say they will establish a motorcycle production plant in Cambodia.
Yamaha and other companies launched a new company in Phnom Penh on Sunday for the plant, saying it will begin operations in October.
It says the new company will take over operations at Asia Motors' factory and its sales network, adding the company will acquire a large lot in Phnom Penh's special economic zone.
Yamaha says operation in the new factory is expected to reduce costs and time for manufacturing motorcycles.
It will assemble motorcycle parts and components supplied as complete kits of knock-down parts, that have already been assembled for manufacturing in Thailand.
Yamaha and other companies launched a new company in Phnom Penh on Sunday for the plant, saying it will begin operations in October.
It says the new company will take over operations at Asia Motors' factory and its sales network, adding the company will acquire a large lot in Phnom Penh's special economic zone.
Yamaha says operation in the new factory is expected to reduce costs and time for manufacturing motorcycles.
It will assemble motorcycle parts and components supplied as complete kits of knock-down parts, that have already been assembled for manufacturing in Thailand.
7 comments:
Ok people now we should go for Yamaha, for get about Suzuki and Honda.
Ok, can something tell me what I am reading. I can't seem to comprend the article. So is Yamaha going to be building motorcyles or are they going to be producing motorcyles parts, or will this be a Yamaha assembly plant?
It seems to be motorcycle assembly line, judging from the title of the article below.
Yamaha Motor to manufacture motorcycles in Cambodia
Tuesday 02nd September, 03:16 AM JST
TOKYO — Yamaha Motor Co said Monday it will establish a motorcycle production plant in Cambodia jointly with Toyota Tsusho Corp and a Cambodian firm, with operations scheduled to start next July. Yamaha and other companies launched a new company in Phnom Penh on Sunday for the plant, it said, adding the new company will begin operations Oct 1.
Yamaha will put up 70% of the starting capital of $11.5 million, or 1.2 billion yen, for the new company, Yamaha Motor Cambodia Co, and Toyota Tsusho will provide 20%. The remaining 10 percent will be provided by Kong Nuon Import & Export Co, Yamaha said. Asia Motors Co, a joint venture company between Toyota Tsusho and Kong Nuon, has been assembling and marketing Yamaha’s motorcycles in Cambodia since March last year.
Yea it is an assembly line with part from Thailand.
YAMAHA MOTOR SETS UP ASSEMBLY, SALES OPS IN CAMBODIA
Monday, September 01, 2008; Posted: 10:52 PM
TOKYO, Sep 02, 2008 (AsiaPulse via COMTEX) -- YAMHF | Quote | Chart | News | PowerRating -- Yamaha Motor Co. (TSE:7272) said Monday that it has established a Cambodian assembly and sales unit that will roll out motorcycles using parts produced at a facility in neighboring Thailand.
Yamaha has a 70 per cent stake in Yamaha Motor Cambodia Co., which was set up in Phnom Penh on Sunday. Capitalized at about 1.2 billion yen (US$11.1 million), the unit is 20 per cent-owned by trading house Toyota Tsusho Corp. (TSE:8015), with the other 10 per cent held by local trading company Kong Nuon Import & Export Co.
This new unit is to acquire more than 90,000 sq. meters of land and will spend about 1 billion yen to construct a new factory on it by July 2009. This facility is expected to assemble 30,000 motorcycles in 2010.
According to Yamaha, the Cambodian motorcycle market totaled about 130,000 units in 2007 but is projected to grow to more than 500,000 units by
Awesome news. Now Cambodia doesn't have to purchase motorcyles from her neighbors. Sounds great for the economy.
yes, motocycle factory is a good investment there as cambodians use a lot of motocycle for their traveling needs as well.
Now it's a motorcycle plant. A couple years down the road it may be a Japanese automobile factory that makes Camry, ForeRunner, Lexus, LandCruiser and Ankor (a new name for a serie of SUV. Great news. And in a decade or so, there may be a grand plant that makes Jet Plane. I'm moving back to Cambodia and apply for a job there as an interpretor for the company. Wish me luck, alright?
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