Another Taiwan Bike Maker to Move to Cambodia
It’s no finalized yet as contracts still have to be signed, but it looks as if another bike maker from Taiwan is setting up shop in Cambodia. It will the 4th one which is to benefit from the duty and quota free status Cambodia made bicycles have in export to Europe. … Three Taiwanese-owned bicycle manufacturers are operating in Cambodia. They are Atlantic Cycle and its subsidiary A&J, Smart Tech (Cambodia) and Worldtec Cycles (Cambodia). While Atlantic Cycle Co and its subsidiary A&J have been manufacturing in the Kingdom for seven years, Smart Tech moved to Cambodia from Vietnam two years ago. … Next to the import duty free status for bike export to the EU (which saves 14% import tax on complete bikes), bicycle manufacturing in Cambodia is benefiting from low labour costs. …