Japan-based Toyota Tsusho Corporation is planning to invest in Automative Wire Harness in Sanco Poipet Special Economic Zone, Cambodia’s Banteay Meanchey province.
The new investment plan was revealed in a meeting here on Friday between H.E. Chea Vuthy, Deputy Secretary General of the Cambodian Investment Board/Cambodian Special Economic Zone Board and a delegation of Toyota Tsusho Corporation.
According to the Council for the Development of Cambodia (CDC), the new project is expected to kick off in December this year, employing some 800 workers.
Some of the workers have currently been on a training in Thailand, the same source said.
Toyota Tsusho Corporation has been investing in Sanco Poipet Special Economic Zone since 2016.
Source: Agence Kampuchea Presse