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A proposal for a $1.7 million electric bicycle assembly plant in Svay Rieng province s Bavet town was approved on Thursday. PIXABAY
Electric bike plant set for Svay Rieng
Sun, 2 May 2021
Bavet town in the eastern province of Svay Rieng will soon become the home of an electric bicycle assembly plant invested by Wan Da Wei Ye International Co Ltd, after the project got the nod from the Council for the Development of Cambodia (CDC) on April 29.
The CDC on April 29 said it approved a final registration certificate to the company for the $1.7 million project in Tay Seng Special Economic Zone, which will churn out electric bikes with battery-powered motors and all manner of components, and is expected to create 350 jobs.