POIPET CITY, CAMBODIA – Sumitronics Manufacturing (Cambodia) launched operations in Poipet PPSEZ. The firm previously reached a land lease deal in April 2018.
The company said it would contribute to the development of the industrial sector in Cambodia.
Japanese ambassador Masahiro Mikami said Sumitronics’ facilities contribute to the Thailand-Plus-One strategy. Thailand-Plus-One refers to Japanese firms increasing revenue by expanding their supply chain network in Thailand toward Cambodia, Laos, and Myanmar.
Poipet now has 17 factories, eight belonging to Japanese companies, and boasts 7,500 jobs. Poipet PPSEZ is owned by Phnom Penh SEZ and boasts access to the border crossing.