QUOTE
TOKYO —
Yamaha Motor Co said Monday it will establish a motorcycle production plant in Cambodia jointly with Toyota Tsusho Corp and a Cambodian firm, with operations scheduled to start next July. Yamaha and other companies launched a new company in Phnom Penh on Sunday for the plant, it said, adding the new company will begin operations Oct 1.
Yamaha will put up 70% of the starting capital of $11.5 million, or 1.2 billion yen, for the new company, Yamaha Motor Cambodia Co, and Toyota Tsusho will provide 20%. The remaining 10 percent will be provided by Kong Nuon Import & Export Co, Yamaha said. Asia Motors Co, a joint venture company between Toyota Tsusho and Kong Nuon, has been assembling and marketing Yamaha's motorcycles in Cambodia since March last year.
Yamaha Motor Co said Monday it will establish a motorcycle production plant in Cambodia jointly with Toyota Tsusho Corp and a Cambodian firm, with operations scheduled to start next July. Yamaha and other companies launched a new company in Phnom Penh on Sunday for the plant, it said, adding the new company will begin operations Oct 1.
Yamaha will put up 70% of the starting capital of $11.5 million, or 1.2 billion yen, for the new company, Yamaha Motor Cambodia Co, and Toyota Tsusho will provide 20%. The remaining 10 percent will be provided by Kong Nuon Import & Export Co, Yamaha said. Asia Motors Co, a joint venture company between Toyota Tsusho and Kong Nuon, has been assembling and marketing Yamaha's motorcycles in Cambodia since March last year.
http://www.japantoday.com/category/busines...les-in-cambodia
In Khmer
http://www.rfa.org/khmer/indepth/yamaha-mo...2008223548.html
Great news! More job opportunities for Cambodians.
