Monday, 16 June 2008

Japan's Hino trucks enter Cambodian market

PHNOM PENH, June 16 (Xinhua) -- Hino Motors Ltd. of Japan here Monday opened its sole official distributing branch in Cambodia toprovide the ever increasing infrastructure construction market with dump trucks, cargo trucks and concrete mixers.

"I am confident that these lines of proven high-quality brand-new vehicles from Hino will be one of the best solutions to the needs of our growing nation," said Sy King Triv, whose KT Pacific Group jointly established the branch with Hino Motors Ltd. in suburb Phnom Penh.

Hino will soon fit in with the truck market of Cambodia and upgrade the current situation that second-hand trucks are dominant,hence generating problems like high cost of fuel, low efficiency and frequent maintenance, he said.

Meanwhile, Japanese Ambassador Shinonara Katsuhiro told the inauguration ceremony of the joint venture, KT Hino Motors Pte Ltd., that "new activities, such as this launch, are the result of efforts made by both Japan and Cambodia and will contribute towards stimulating other companies to make investments in such activities."

Hino has been Japan's top producer of medium and heavy-duty trucks for almost three decades.

Cambodia has been improving its infrastructure facilities in recent years. Road, bridge, apartment and skyscraper projects wereinaugurated one after another in urban as well as rural areas.  

Editor: An Lu

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