Automotive
Cambodia is poised to become an automotive component manufacturing hub. Strategically located in the heart of Southeast Asia, plus a young and energetic workforce and preferential trade agreements, Cambodia emerges as an attractive and potential investment destination for investors in automotive sector. Cambodia's automotive sector is expanding, with a growing number of assemblers and component manufacturers operating. Japan, Korea and China are major sources of investment, while Thailand and Japan are the main export markets. The presence of industry leaders such as Toyota and RMA in vehicle assembly, alongside renowned component manufacturers like Denso and Sumitomo, underscores Cambodia's rising competitiveness and future potential to become a key player in the regional automotive supply chain.
Company Highlights
Over USD 2.4 billion in cumulative investment, approved by the CDC (2015-2024), has fueled Cambodia's rapidly expanding automotive industry, driving growth in both vehicle assembly and component manufacturing. This growth trajectory signals Cambodia's emergence as a key regional player in automotive component manufacturing
Cambodia's automotive component industry is experiencing exponential growth, with exports surpassing USD 1 billion in 2024. A remarkable 37.2% CAGR from 2020-2024 underscores the nation's gradually growing market share within the global automotive value chain.
Cambodia has an especially thriving domestic automotive market, attracting both assembly and components manufacturing.