Business

Minebea Breaks Ground on Factory

by sidet on May 25, 2011

in Businesses

Minebea Thai Lop Buri Plant Japan’s Minebea Company broke ground yesterday on a US$60 million manufacturing plant in Phnom Penh’s Special Economic Zone, paving the way for as many as 5,000 new jobs to be created by the end of 2012, officials said. The plant will launch in December, and fully take over operations from the plant Minebea is presently leasing in the SEZ by the end of 2012, officials said. “We decided to invest here because Cambodia was the best place for our next Minebea plant and we saw Cambodian people were very good at working in our industry,” said Minebea Corporate Communications Manager Kumano Yasunari, in a statement. [Read full article…]

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US firms Plan Cambodia Plug

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