Logo of Phnom Penh Post newspaper Phnom Penh Post - Minebea readies third factory

Minebea readies third factory

A motorist passes the Minebea factory at the Phnom Penh Special Economic Zone in 2013.
A motorist passes the Minebea factory at the Phnom Penh Special Economic Zone in 2013. Hong Menea

Minebea readies third factory

Japanese electronics manufacturer Minebea expects to complete construction of its third factory in Cambodia by the end of the year, allowing the company to diversify its operations toward more value-added products, a company official said yesterday.

The expansion of the company’s Cambodian operations, which manufacture micro actuators and small motors at two existing factories inside the Phnom Penh Special Economic Zone (Phnom Penh SEZ), brings its total investment in the Kingdom to $100 million since 2011.

Tetsu Shiozaki, vice president of Minebea, said that the company would continue to invest in Cambodia once the factory was complete by bringing in specialised machinery to equip the new production line. He added that the new factory would give the manufacturer space to move further up the supply chain.

“We will start in-house precision parts production, which is a more valued-added process compared to assembly process,” he said.

He added that the completion of the third factory would bring Minebea’s total Cambodian labour force to 20,000.

The company currently employs about 5,300 workers, according to its website, or about a third of the total workforce in Phnom Penh SEZ.

While Cambodia’s industrial diversification has persistently been hindered by a low-skilled labour force, David Van, local managing director of the Bower Group Asia, said Minebea’s approach to training its own workers appears to be providing benefits.

“Minebea had no other option but to train their skilled manpower required,” he said. “Cambodia has never had such skills available to begin with, but they weighted their options and went for a long-term investment into their labour force and their well-thought out strategy seems to be paying off.”

Van added that while the government aims to develop educational curricula based on the needs of the private sector, the private sector could continue to develop its own pool of skilled workers through dedicated in-house training.

MOST VIEWED

  • Chikungunya hits 15 provinces, says gov’t

    Ministry of Health spokeswoman Or Vandine said on Thursday that the chikungunya outbreak in the Kingdom has spread to 15 provinces. Some 1,700 people are now suspected to have the disease. Vandine urged people to prevent its further spread by eliminating shelters for the Aedes aegypti mosquitoes

  • Body of woman killed in Bangkok returns

    The Cambodian embassy in Thailand is working to repatriate the body of a casino dealer who was shot dead in Bangkok on Monday night. Ministry of Foreign Affairs and International Cooperation spokesman Kuy Kuong told The Post on Wednesday that officials are preparing paperwork to

  • Gov’t exempts visa A and B holders from Covid fees

    Airline passengers who are diplomats and officials of international organisations holding Type A and B visas for travel to Cambodia are exempted from paying Covid-19 testing fees, said the Ministry of Health in its latest adjustment of rules on Wednesday. Health Minister Mam Bun Heng

  • All inbound flights set to face added scrutiny

    Ministry of Health spokesperson Or Vandine said on Monday that the ministry is monitoring all inbound flights, after it was announced that only those from Malaysia and Indonesia will be temporarily cancelled from August 1. Vandine said on Monday that the two countries were identified as