GAZ Group, a company with about 90 years of experience producing various vehicle models in Russia and some ASEAN countries, has expressed interest in exploring automotive investment opportunities in Cambodia.
At a June 18 meeting with Cambodian Prime Minister Hun Manet in Kazan, Russia, GAZ Group export director Dolgov Leonid said the company operates in Russia and several ASEAN countries. Hun Manet was attending the June 17–18 summit marking 35 years of ASEAN–Russia relations.
He said GAZ Group has about 90 years of automotive industry experience, 15 factories, exports to 43 countries and 240 distribution representatives. It produces commercial vehicles, medium-duty trucks, buses, ambulances and other models, as well as components.
The export director added that, with operations already in ASEAN and Cambodia’s economy showing rapid, resilient growth, the company was very interested in exploring automotive investment opportunities in the country.
Hun Manet welcomed the company’s interest in exploring investment in Cambodia and outlined the Royal Government’s necessary policies and mechanisms to support the success of investing companies.
He also advised GAZ Group to further study investment in supply-chain production serving companies in the region under the “Plus 1 Strategy” and encouraged continued discussions with relevant Cambodian ministries and institutions to pursue investment and growth opportunities.
By: ង៉ែត ពិសាន្ត
