Hyundai’s Cambodia plans

After two years of assembling Hyundai vehicles in Cambodia for the domestic market, South Korea-based Hyundai Motor Company is increasing its production to meet rising demand, aiming to reach 800 units in 2013, a company’s representative said. …

Located in the Koh Kong Special Economic Zone, about 370 kilometres southwest of Phnom Penh, Camko Motor Company is a joint venture between Hyundai distributor KH Motors and Cambodia’s Ly Yong Phat Group. The operation currently employs about 30 people. …

The Cambodian automotive industry will expand after the Kingdom’s integration into the Association of Southeast Asian Nations Economic Community in 2015, thanks to the free flow of goods within the bloc and Cambodia’s competitive advantage as a low-cost manufacturer, according to Cambodian Commerce Minister Cham Prasidh. …

http://www.phnompenhpost.com/business/hyundai%E2%80%99s-cambodia-plans