Cambodia: Tycoon signs MoU for Kampot auto plant

• Sep 28, 2017

Business tycoon Try Pheap signed a memorandum of understanding (MoU) on Tuesday with a Beijing-based company that aims to establish a 100-hectare automotive assembly plant in the Kingdom’s Kampot province with initial capital investment of $30 million, according to reports in local media.

The plant will produce everything from trucks to cars and motorcycles, as well as air-conditioner units.

Source: http://www.phnompenhpost.com/business/tycoon-signs-mou-kampot-auto-plant