Logo of Phnom Penh Post newspaper Phnom Penh Post - Geared up for moto assembly

Geared up for moto assembly

Content image - Phnom Penh Post
Motorcycles are lined up on display yesterday for the opening of the Try Pheap Grand Royal assembly factory in Kandal province. Heng Chivoan

Geared up for moto assembly

Business tycoon Try Pheap yesterday celebrated the launch of a new subsidiary company, Try Pheap Grand Royal, a motorcycle assembly plant in Kandal province, by donating 228 imported Hunjia motorcycles to government ministries, the military, National Police and the Prime Minister’s Bodyguard Unit.

The motorcycle assembly plant is part of a $50 million investment budget between Try Pheap Group and its Chinese joint-venture partner, Sichuan Grand Royal Group.

“First, we donate the motorcycles to military,” Pheap said during the ribbon-cutting ceremony. “After they test them, we will think about distributing them to the market.”

Pheap, who has accumulated much of his wealth through the deforestation of economic land concessions (ELCs), led a high-profile delegation through the factory to show off rows of the Chinese-manufactured Hunjia motorcycles.

The plant is expected to assemble 100,000 motorcycles in its first year, with a total operating capacity of 200,000 annually. However, the conspicuous absence of assembly equipment left questions as to whether the motorbikes on display were assembled or imported whole.

Pheap, however, declined requests for interviews about when the production plant would import equipment and begin manufacturing.

Environment Minister Say Samal, who presided over the inauguration ceremony, said that the motorcycle assembly plant would benefit Cambodia and was in line with the Kingdom’s industry development plan.

“This new factory will allow Cambodians to learn new skills and be able to produce motorcycles by ourselves in the future,” he said.

He added that the plant had created 500 jobs and that the number could reach 2,500 within three years of operations. Besides targeting Cambodia’s consumer market, Samal urged the company to look to countries like Myanmar for future export potential.

Yuan Zhiyou, president of Sichuan Grand Royal Group, said that beyond motorcycle assembly, the joint-venture plan included the distribution of air conditioners, solar panels and construction material.

MOST VIEWED

  • ‘Kingdom one of safest to visit in Covid-19 era’

    The Ministry of Tourism on January 12 proclaimed Cambodia as one of the safest countries to visit in light of the Kingdom having been ranked number one in the world by the Senegalese Economic Prospective Bureau for its success in handling the Covid-19 pandemic. In rankings

  • Kingdom accepts Chinese vaccine, PM first to get jab

    Prime Minister Hun Sen said China would offer Cambodia an immediate donation of one million doses of the Covid-19 vaccine produced by the Sinopharm company. In an audio message addressing the public on the night of January 15, he said Cambodia has accepted the offer and

  • Reeling in Cambodia’s real estate sector

    A new norm sets the scene but risks continue to play out in the background A cold wind sweeps through the streets of Boeung Trabek on an early January morning as buyers and traders engage in commerce under bright blue skies. From a distance, the

  • Hun Sen: Lakes filled in for national developments

    Prime Minister Hun Sen has announced continued operations to fill some lakes in Phnom Penh to create land for developments, though he is against the unrelated practice of damming rivers or blocking waterways. Speaking at the inauguration of the Ministry of Public Works and Transport

  • Koh Preus upgrades 70% complete

    Initial construction of a nearly $30 million tourism infrastructure project on Preah Sihanouk province’s Koh Preus Island is “about 70 per cent complete”, according to an official with the developer. Heng Thou, construction site manager of Angela Real Estate Co Ltd (ARE), told The Post that

  • Local media loses a giant, and The Post a great friend

    Cheang Sokha, a gifted and streetwise reporter who rose to the highest ranks of Cambodian media and was beloved for his sharp intelligence, world-class humour and endless generosity, died on Friday in his hometown of Phnom Penh. He was 42. His wife, Sok Sophorn, said he