Xinhua
The Tokyo-based Nidec Corporation is going to invest in an IT hardware manufacturing factory in Cambodia, the firm's chairman said here on Tuesday.
During a meeting with the prime minister Hun Sen, Shigenobu Nagamori, Chairman of the Board, President & Chief Executive Officer of Nidec Corporation, said that the Nidec Corporation is the world's leading manufacturer of the tiny electric motors that power hard disk drives on personal computers and other digital electronics.
He did not disclose the investment amount the company planned for Cambodia.
Nidec has presence in 28 countries, employing 130,000 workers. Last year's total revenues was 8.5 billion U.S. dollars, he said.
The company has successfully invested 100 million U.S. dollars in Thailand and 40 million U.S. dollars in Vietnam for IT device manufacturing factories.
Meanwhile, the premier expressed his support for the company's desire to invest in Cambodia and recommended the company to work with the Council for the Development of Cambodia in order to learn about investment procedures and incentives.
5 comments:
With Nidec Corporation, Minebea Co., Ltd. and harness cable car manufacture investment recently announced Cambodia now have a core high-tech industry that bode well for the future of the country industrialization policy. Hope that Cambodians will not need to travel to neighbouring countries for jobs anymore.
finally cambodia is getting more foreign investments, especially from the developing nations like japan. this is really good news for khmer people and cambodia, really! of course, we all have to start somewhere, somehow, you know! cambodia is no exception, really! god bless cambodia.
i think it's all about education and innovation in cambodia from now on, you know!
The last Japanese tsunami destroyed many of the firms which manufactured micro components for IT hardware and make the price higher worldwide now.
With little confident in to reestablished again North en Japan in case another big one come up, they turn to Cambodia for security.
correction:
The last Japanese tsunami destroyed many of the firms which manufactured micro components for IT hardware and make the price higher worldwide now.
With little confident to reestablished again in Northern Japan in case another big tsunami come up, they turn to Cambodia for security.
A land of corruption is better than a land of destruction.
why not cambodia, let's be fair to cambodia. we've been deprived long enough already! it's time to share and expose cambodia to the world technology, etc, etc!
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