Toyota Tsusho Establishes Vehicle Assembly Business Company in Cambodia
- MOU signed with Government of Cambodia for collaboration in the automobile industry -

  • Mobility

2022-11-14

Toyota Tsusho Corporation ("Toyota Tsusho") announces today that it has established the vehicle assemble company Toyota Tsusho Manufacturing (Cambodia) Co., Ltd., ("TTMC") in the Kingdom of Cambodia. The investment amount for this project is approximately 36.8 million US dollars.

TTMC's new plant, to be built in the Phnom Penh Special Economic Zone, is going to locally assemble Toyota HILUX pickup truck and Toyota FORTUNER SUV.

This project is an initiative based on the "MOU on Cooperation for the Development of the Automobile Industry" signed between the Government of Cambodia and Toyota Tsusho as part of the ASEAN-related Summit held from November 8 to 13, 2022. The MOU was signed by H.E. Mr. Aun Pornmoniroth, Deputy Prime Minister and Minister of Economy and Finance of the Kingdom of Cambodia, and Mr. Toshimitsu Imai, Vice President of Toyota Tsusho at the MOU signing ceremony held on November 12 (local time). It was signed in the presence of Cambodian Prime Minister Hun Sen and Japanese Prime Minister Fumio Kishida.

Through this project, Toyota Tsusho will contribute to the development of Cambodia's automobile industry, economy, and society.

Overview of TTMC

Company name
Toyota Tsusho Manufacturing (Cambodia) Co., Ltd.
Location
Phnom Penh Special Economic Zone (PPSEZ), Cambodia
Capital
21 million US dollar
Representative
Ryoji Fujita, Managing Director
Shareholder
Toyota Tsusho 90%, Kong Nuon Group 10%
Established
August 2022
Date of business
approval acquisition
September 2022

Business details

Vehicle assembly

Production vehicles

Toyota HILUX, Toyota FORTUNER
[Assemble Vehicles (planned): Toyota HILUX, Toyota FORTUNER]
Toyota HILUX
Toyota FORTUNER
[MOU signing ceremony held on November 12 (in the Kingdom of Cambodia) ]

The information in this release is current as of the date of announcement.
Please note that information may change after the date of announcement. Thank you in advance for your understanding.