Singapore's Thakral Group opened a factory on the outskirts of Phnom Penh on Feb

16 which will produce 300,000 televisions a year for the local market and for export,

a company representative said.

The firm's wholly-owned Cambodian unit, Thakral Cambodia Industries Ltd, invested

$4 million in the plant, said project manager Roy Matthew.

"This factory is designed to assemble 300,000 TV sets per annum at full capacity,

Matthew said.

"We believe that Cambodia has good potential for growth particularly in the

electronics sector," he said.

Matthew said a recent survey found television ownership in Cambodia was at a rate

of only one set for every 111 people, compared with rates of around one set for every

five people in developed countries.

Matthew said the Cambodian market will form an important base for production while

part of the plant's output will be exported to various countries including Laos and

countries in the Middle East and Africa. - Reuters