Logo of Phnom Penh Post newspaper Phnom Penh Post - Personalised plates net more than $70 million

Personalised plates net more than $70 million

Content image - Phnom Penh Post
The Ministry of Public Works and Transport netted over $70 million from selling special and personalised vehicle licence plates from September 2016 to February this year. Hong Menea

Personalised plates net more than $70 million

The Ministry of Public Works and Transport netted over $70 million from selling special and personalised vehicle licence plates from September 2016 to February this year.

According to the ministry’s March 24 report, in 2021 alone the selling of special and personalised plates accounted for nearly $17 million, an increase of about nine per cent over the previous year.

The figures were released during a meeting led by ministry secretary of state Koy Sodany – who is also head of the commission in charge of special and personalised plates – to review the progress of the sales.

Beside revenue generated from the plates, the meeting discussed the selection of 14 private companies to deal with the selling of these special items – at an agreed price.

It also reviewed more than 60,000 intellectual property brands that had been received from the Ministry of Commerce and that would be entered into the system to avoid the use of those registered names on personalised plates.

A review of the price calculation algorithm for licence plates that included the numbers 168 was held as well.

According to the ministry, a special plate has “Phnom Penh” or the name of the province issued in Khmer at the top and in Latin below, The number begins with one class digit, dependent on the type of vehicle, followed by one or two Latin letters and then four digits that can be specified.

Content image - Phnom Penh Post
A car with personalised number plates travels on a road in Phnom Penh’s Chroy Changvar district in November. Hong Menea

A personalised plate has the word “Cambodia” at the top, with one to eight letters and numbers on the next line. It can contain virtually any arrangements of letters and numbers, including people’s names if they so desire. On the right side, there is a QR Code which has information about the vehicle. Number plates can be purchased online through vehicle.mpwt.gov.kh.

Hong Vannak, an economic analyst at the Royal Academy of Cambodia, said the additional income generated from the selling of these plates is a huge positive.

“It contributes to the Cambodian economy and creates jobs and services for the state. When we think about the bigger picture, it is clear that all state institutions ought to introduce services and products that generate incomes. No matter whether large or small, it will contribute to the national economy,” he said.

He applauded the ministry for this initiative, saying it meant they were not just spending public money on road and infrastructure construction.

“The government is not a family. All parts of government need to be frugal with their spending and innovative in finding ways to generate income, in order to pay for current budget requirements or to reduce debt from foreign loans,” he said.

All state services should be easy for the public to access, he added.

MOST VIEWED

  • Angkor lifetime pass, special Siem Reap travel offers planned

    The Ministry of Tourism plans to introduce a convenient, single lifetime pass for foreign travellers to visit Angkor Archaeological Park and potentially other areas. The move is designed to stimulate tourism to the culturally rich province of Siem Reap as the start of the “Visit

  • Ice cream, noodles flagged over carcinogen

    The General Department of Customs and Excise of Cambodia (GDCE) has identified three types of instant noodles and ice cream trademarks originating from Thailand, Vietnam and France that are suspected to contain ethylene oxide, which poses a cancer risk to consumers. The general department has

  • Exclusive interview with Josep Borrell Fontelles, High Representative of the EU

    CAMBODIA is hosting the 55th ASEAN Foreign Ministers’ Meeting (AMM) and Related Meetings this week with top officials from the US, China, and Russia and other countries in the region slated to attend and to meet with face-to-face with their counterparts on the sidelines. In

  • Rise in Thai air routes to Siem Reap fuels travel hopes

    Local tourism industry players are eager for regional airline Bangkok Airways Pcl’s resumption of direct flight services between the Thai capital and Siem Reap town on August 1 – home of Cambodia’s awe-inspiring Angkor Archaeological Park – which is expected to boost the growth rate of

  • ASEAN Foreign Ministers’ meet commences, Taiwan issue possibly on table

    The 55th ASEAN Foreign Ministers’ Meeting (AMM) and related meetings hosted by Cambodia kicks off in Phnom Penh on August 3, with progress, challenges, and the way forward for the ASEAN Community-building on the table. Issues on Taiwan, sparked by the visit of US House Speaker

  • Recap of this year’s ASEAN FM meet and look ahead

    This year’s edition of the ASEAN Foreign Ministers’ Meeting (AMM) hosted by Cambodia comes against the backdrop of heightened global tensions and increasing rivalry between major powers that have been compared to the animosity of the Cold War era. The following is The Post’