Phnom Penh, July 15 (AseanAll) — Hun Manet, Prime Minister of the Kingdom of Cambodia, greets visiting Liu Xueliang, General Manager of BYD Asia Pacific Auto Sales Division, prior to a courtesy meeting at the Peace Palace on July 15,2024.
On the same day, SUN Chanthol, Cambodian Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia (CDC), received visiting Liu Xueliang.
The aim of the meeting was to explore additional investment opportunities and potential of Cambodia.
SUN Chanthol informed his guest about the role of CDC as a facilitator for all investments in the country.
Cambodian Prime Minister Hun Manet has recently said that BYD – a publicly listed Chinese multinational manufacturing company – had intended to open an automotive assembly plant in the Kingdom of Cambodia.
Cambodia currently has six automotive assembly plants, including Daehan Auto manufacturing Ssangyong, RMA Automotive making Ford, Camko Motor producing Hyundai, HGB Motors Assembly manufacturing Kia, GTV Motor producing local brand cars GTV, and Toyota Tsusho Manufacturing (Cambodia) making Fortuner and Hilux.
From January to May 2024, Cambodia had imported some US$385 million worth of vehicles.
