Cambodia to host Ford Motor assembly factory
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Cambodia to host Ford Motor assembly factory
Will this reduce the cost of new Ford Rangers in Cambodia ?
Cambodia to host Ford Motor assembly factory
The Council for the Development of Cambodia (CDC) has approved a multi million dollar investment project of the Ford Motor Company
The US$21-million Ford Motor Cambodia’s assembly plant project was revealed in a virtual meeting held on Sept. 14 between Pursat provincial governor and representatives of CDC/Cambodian Investment Board and the investment firm – RMA Automotive (Cambodia) Co., Ltd.
According to the Pursat Provincial Governor H.E. Mao Thonin, the assembly factory will be built on an area of over 4 hectares in Savoan village, Sna Ansa commune of Krakor district, some 159 kilometres from Phnom Penh capital.
The plant will assemble mainly Ford Ranger and Ford Everest, with RMA initial investment of US$21 million.
In this phase, the firm plans to assemble a total of 4,500 vehicles in the first year to supply the demand of the Cambodian market. The factory will help create up to 500 jobs for the locals during the production line.
The factory will contribute to improving the living standards and alleviating poverty of the people in the province, especially generating jobs for local people, H.E. Mao Thonin said. AKP
https://www.khmertimeskh.com/50935698/c ... y-factory/
Cambodia to host Ford Motor assembly factory
The Council for the Development of Cambodia (CDC) has approved a multi million dollar investment project of the Ford Motor Company
The US$21-million Ford Motor Cambodia’s assembly plant project was revealed in a virtual meeting held on Sept. 14 between Pursat provincial governor and representatives of CDC/Cambodian Investment Board and the investment firm – RMA Automotive (Cambodia) Co., Ltd.
According to the Pursat Provincial Governor H.E. Mao Thonin, the assembly factory will be built on an area of over 4 hectares in Savoan village, Sna Ansa commune of Krakor district, some 159 kilometres from Phnom Penh capital.
The plant will assemble mainly Ford Ranger and Ford Everest, with RMA initial investment of US$21 million.
In this phase, the firm plans to assemble a total of 4,500 vehicles in the first year to supply the demand of the Cambodian market. The factory will help create up to 500 jobs for the locals during the production line.
The factory will contribute to improving the living standards and alleviating poverty of the people in the province, especially generating jobs for local people, H.E. Mao Thonin said. AKP
https://www.khmertimeskh.com/50935698/c ... y-factory/
- canucklhead
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Re: Cambodia to host Ford Motor assembly factory
What happened to the Ford plant that was already here in the Sino SEZ? Now they need another one?
- Jerry Atrick
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Re: Cambodia to host Ford Motor assembly factory
canucklhead wrote: ↑Wed Sep 15, 2021 2:48 pm What happened to the Ford plant that was already here in the Sino SEZ? Now they need another one?
Yeah, they assemble the Everest and the Exploder for years and years in a plant in SEZ
My guess is, being as it's a KT article, nobody did any research and they just assumed this plant in Pursat would be the first in the country.
Re: Cambodia to host Ford Motor assembly factory
The previous plant in SHV closed years ago, after the full integration with ASEAN, when there were no more tax incentives to have a domestic plant. So, this is a new facility, and Ford's only in the country. However, there are some others, such as SsangYong - but their numbers are way smaller than what Ford's will be (Ford commands a 42% market share of the new car market).Jerry Atrick wrote: ↑Wed Sep 15, 2021 2:59 pmcanucklhead wrote: ↑Wed Sep 15, 2021 2:48 pm What happened to the Ford plant that was already here in the Sino SEZ? Now they need another one?
Yeah, they assemble the Everest and the Exploder for years and years in a plant in SEZ
My guess is, being as it's a KT article, nobody did any research and they just assumed this plant in Pursat would be the first in the country.
Re: Cambodia to host Ford Motor assembly factory
Well done RMA and Migs
Re: Cambodia to host Ford Motor assembly factory
Does this signal that such domestic-assembled cars will be cheaper? Will this effectively eliminate the notoriously sky-high vehicle import ពន្ធ ?
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Re: Cambodia to host Ford Motor assembly factory
Open for Business
Cambodia News (Pursat Province): On June 16, 2022, the US$21M Ford automobile assembly factory, called RMA Automotive (Cambodia) Co.,Ltd., officially began operating its assembly of Ford Ranger and Ford Everest vehicles. The factory is located in Savorn village, Sna Ansar commune, Krokor district, Pursat province.
The company will assemble 9,000 units a year of two models of Ford – Pickup and SUV – in the first phase of business plan. All the vehicles from the factory are for supply to domestic market.
Cambodia News (Pursat Province): On June 16, 2022, the US$21M Ford automobile assembly factory, called RMA Automotive (Cambodia) Co.,Ltd., officially began operating its assembly of Ford Ranger and Ford Everest vehicles. The factory is located in Savorn village, Sna Ansar commune, Krokor district, Pursat province.
The company will assemble 9,000 units a year of two models of Ford – Pickup and SUV – in the first phase of business plan. All the vehicles from the factory are for supply to domestic market.
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Re: Cambodia to host Ford Motor assembly factory
UPDATE: Production of Ford Territory Model Coming Soon
Cambodia News, (Pursat): US carmaker Ford, which has an assembly plant in Pursat province, Cambodia, plans to increase its Cambodian investment with the installation of a new Ford Territory model added to the existing Ranger and Everest models presently available.
This disclosure was made by Mr. Keo Rattanak, during a meeting and a ribbon-cutting ceremony for the inauguration of Wat Sansom Kosal (called Wat Phteah Kor) in Anlong Vil commune, Kandeang district, Pursat province on June 11, 2023.
The current Ford car assembly plant is located in Pursat province of the Kingdom of Cambodia and was inaugurated one year ago, on June 16, 2022, producing Ranger and Everest models for sale in Cambodia and for export. The success of this plant is seen as a key player in turning the tide of the Cambodian auto industry, which could attract investors in search of economic opportunities.
According to Mr. Keo Rattanak, General Director of Electricite du Cambodge (EDC), in the near future, the Ford Territory, will be also available in the Cambodian market as well as for export to neighboring countries.
Cambodia News, (Pursat): US carmaker Ford, which has an assembly plant in Pursat province, Cambodia, plans to increase its Cambodian investment with the installation of a new Ford Territory model added to the existing Ranger and Everest models presently available.
This disclosure was made by Mr. Keo Rattanak, during a meeting and a ribbon-cutting ceremony for the inauguration of Wat Sansom Kosal (called Wat Phteah Kor) in Anlong Vil commune, Kandeang district, Pursat province on June 11, 2023.
The current Ford car assembly plant is located in Pursat province of the Kingdom of Cambodia and was inaugurated one year ago, on June 16, 2022, producing Ranger and Everest models for sale in Cambodia and for export. The success of this plant is seen as a key player in turning the tide of the Cambodian auto industry, which could attract investors in search of economic opportunities.
According to Mr. Keo Rattanak, General Director of Electricite du Cambodge (EDC), in the near future, the Ford Territory, will be also available in the Cambodian market as well as for export to neighboring countries.
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Re: Cambodia to host Ford Motor assembly factory
Another example of a global company following the Japanese model of build locally-sell locally. Add in the current trend of decoupling... oops sorry.. de-risking... from China we can expect to see more of this.
- truffledog
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Re: Cambodia to host Ford Motor assembly factory
Cars will be assembled with parts that are imported (high cost of transport and logistics) and probably also highly taxed
It remains to be seen if the productivity (and quality standards) of the Cambodian plant is at par with other production sites to allow lower prices.
work is for people who cant find truffles
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