Moto imports jump 55 per cent

27 February 2013
The Phnom Penh Post
Crime and law enforcement / Economy and commerce / Imports / Trade / Traffic violations
Barrier / complaints / economic development of Cambodian / environmental consequences / Forte Insurance / general manager / Honda motorcycles / Imports / improved roads / invest / Japan Motorcycles Shop / Japanese development agency / JICA / marketing manager / Ministry of Economy and Finance / motor scooters / motorcycles / municipal bus services / Phal Ra / Phnom Penh’s traffic jams / public transport / purchasing power / rural areas / Suzuki / total value / traffic congestion / traffic lights / Yamaha / Youk Chamroeunrith

IMPORTS of motor scooters reached 264,085 units, with a total value of $139 million in the first 11 months of last year – a 55 per cent jump from 170,380 units worth $86.5 million in the corresponding period of 2011, according to data from the Ministry of Economy and Finance. … Youk Chamroeunrith, the general manager of Forte Insurance, said the popularity of individual transport was contributing to congestion in the capital and a high accident rate. … An October 2011 case study by the Japanese development agency JICA said Phnom Penh’s traffic jams could have serious economic and environmental consequences for the city. …

http://www.phnompenhpost.com/2013022761643/Business/moto-imports-jump-55-per-cent.html