Logo of Phnom Penh Post newspaper Phnom Penh Post - Cambodia to boast its first tractor factory

Cambodia to boast its first tractor factory

Cambodia to boast its first tractor factory

Cambodia will soon boast its first tractor assembly plant, with operations expected to begin by the third quarter of this year.

The one-hectare plant, in Phnom Penh's Por Sen Chey district, is a joint venture by Belarus-based Minsk Tractor Works, one of the world’s biggest tractor producers, and Mekong Agriculture Tractor Company, a local agricultural equipment business.

The tractors produced would be sold in Cambodia first, then to other ASEAN countries “after we expand on our capabilities,” Huot Sovann, a manager with Mekong Agriculture Tractor, said.

Construction of the plant was 50 per cent complete, Sovann said. He declined to reveal how many tractors would be produced.

According to an earlier report by the Council for the Development of Cambodia, Belarusian Deputy Industry Minister Gennady Svidersky said last year the plant could produce about 1,000 tractors a year.

Cambodia imported about 1,000 tractors a year, mostly from Thailand, Huot said.

Domestic manufacturers will stand to gain from the assembly plant.

Sovann estimates that after three years, 30 to 40 per cent of the parts needed for tractor production will be outsourced from local companies.

Cambodia would also benefit from the transfer of technological know-how, he said.

Mekong Agriculture Tractor is the local distributor for Minsk Tractor Works, which has 22 assembly plants abroad.

 

To contact the reporter on this story: Low Wei Xiang at [email protected] 

MOST VIEWED

  • New US bill ‘is a violation of Cambodian independence’

    After a US congressmen introduced bipartisan legislation that will enact sanctions on Cambodian officials responsible for “undermining democracy” in the Kingdom, government officials and the ruling Cambodian People’s Party on Sunday said they regarded the potential action as the “violation of independence and sovereignty

  • Angkor Wat named as the top landmark for the second year

    Travel website TripAdvisor has named Cambodia’s ancient wonder Angkor Wat as the top landmark in the world for the second year running in their Travelers’ Choice Award 2018, an achievement Cambodian tourism operators expect will attract more tourists to the Kingdom. The website uses traveller

  • Ministry’s plan for net sparks fears

    The government has ordered all domestic and international internet traffic in the Kingdom to pass through a Data Management Centre (DMC) that has been newly created by the state-owned Telecom Cambodia, in a move some have claimed is an attempt to censor government critics. Spokesman

  • Hun Sen detractors ‘will die’

    Prime Minister Hun Sen on Wednesday said those who curse or insult him would eventually die without a plot of land to bury their bodies after being killed by lightning, suffering the same fate as those who recently died in Thmar Baing district in Koh