Cambodian model GTV Motor is ready to begin automobile meeting operations early this 12 months in Cambodia, and can start with the meeting of 5 inexpensive fashions, in accordance with Khmer Occasions.
Situated within the Kandal Steung District of the Kandal Province, the GTV Motor meeting plant will cowl an space of 100,000 sq. metres and attain an annual manufacturing capability of 35,000 autos. Inauguration of the plant in addition to begin of manufacturing is ready for “early 2024”, the report cited the agency as saying.
Based on the Khmer Occasions, the US$15.6 million (RM73.8 million) manufacturing plant was first accepted by the council for growth of Cambodia in June 2022, and was mentioned on the time to create 738 jobs. Output from the location’s manufacturing strains will probably be aimed domestically on the Cambodian market, relatively than exports, which is in response to rising home demand within the kingdom, in accordance with GTV Motor.
The manufacturing plant will concentrate on the event of Cambodian-owned branded autos, and “will contribute to help Cambodia’s heavy business, aligning with the Royal Authorities’s outlined roadmap for the event of the automotive and electronics sector in Cambodia,” mentioned GTV Motor CFO and deputy common supervisor Soy Benlyly.
Based on imagery sourced from the GTV Motor Cambodia Fb web page, the model’s mannequin line-up consists predominantly of SUVs, together with an MPV and a dual-cab pick-up truck.
The fashions depicted are indicated to begin from US$19,999 (RM94,695) for the Soben 1.5L SUV, by means of the US$26,999 (RM127,840) Caesar 1.5T SUV, the US$27,999 (RM132,575) Krusar 2.0T pick-up truck, the US$33,950 (RM160,753) Soben-P MPV, the US$34,950 (RM165,488) Kain 1.5T SUV, to the US$37,950 (RM179,693) Kain 2.0T SUV.
GTV Motor has invested in growing human useful resource for the nation’s automotive manufacturing sector, reported Khmer Occasions, with the institution of the GTV Automotive Electronics Analysis Institute (GTV AERI) in Cambodia for the reason that firm’s registration in 2022.
The institute has related places of work in Germany, China, Japan and Singapore, and is engaged with the Nationwide Polytechnic Institute of Cambodia to offer superior coaching to develop Cambodian automotive business professionals, in accordance with the report.
In March 2023, Khmer Occasions reported that GTV Motor was one among 9 accepted automobile meeting factories in Cambodia, with three already operational together with Hyundai vegetation in Koh Kong and Daehan in Bavet Metropolis, in addition to Ford within the Pursat province. The opposite companies are HGB Motor Meeting, EM Automotive, Toyota, and China Matrix Know-how Group.
GTV Kain SUV
GTV Krusar dual-cab pick-up truck
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