Due to the global financial crisis in 2008, the construction of Yamaha Motor Cambodia Ltd (YMCL) plant, which is the joint-venture partner between Toyota Tsusho Corp and Kong Nuon Import and Export Co delayed again. The Yamaha motor firm would be built worth US$11.5 million in the Phnom Penh Special Zone (PPSEZ).

Matob Michifumi, YMCL managing director, was quoted by the Phnom Penh Post as saying that the project is still under consideration. He added that the construction may restart sometime in the second half of this year, but it is not sure.

He added that “demand for motorcycles in Cambodia is sharply down at the moment. We’re still watching the economic situation. That is the reason we have put the construction of the plant on hold. The plant, if opened, might oversupply the market.”

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