Factory for Nissan cars, parts proposed
A Malaysian automotive company has requested approval to establish a factory in Cambodia to assemble Nissan automobiles and manufacture spare parts for the vehicles, a government official said on November 9. Eang Sophallet, a spokesman for Prime Minister Hun Sen, said the premier met the visiting chief executive of Tan Chong Motor Holdings Berhad (TCMH Group) this week, who sought the government’s support to build an automobile-assembly and spare-part plant in Cambodia. TCMH Group is the franchise holder of Nissan vehicles in Malaysia and the IndoChina region. The company operates assembly plants in Malaysia, Vietnam and Myanmar, and holds distribution rights for Nissan vehicles in Cambodia and Laos. Sophallet said that the company executive also met an official from the Council for the Development of Cambodia to better understand the procedures for investing in the Kingdom.