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    CAMBODIA’S GROWING MARKET PAVES THE WAY FOR BIG BUSINESS OPPORTUNITIES IN THE AUTOMOTIVE SECTOR
 
     
  Cambodia has been experiencing an upward shift in its economy and industries, particularly in the automotive sector. Indeed, an industry trend analysis by BMI Research projected that car sales in Cambodia will outperform much of the ASEAN region in 2017 with a forecasted growth of 20.4% in passenger car sales. This is spurred on by a mix of solid economic growth, strong private consumption and tax reform translates into double-digit growth in the passenger car segment.

Meanwhile American website export.gov reported that the automotive parts sector is currently among the best prospects for Cambodia, with motor vehicle ownership rapidly growing in tandem with the country’s economic prosperity. The report concluded by stating that further business and investment opportunities exist for delving into Cambodia’s market on car accessories and spare parts.
 
     
   
     
  These are but a few of the factors indicating Cambodia’s growing automotive sector and its various opportunities for those looking to do business or invest in its lucrative automotive industry. The upcoming CAMAUTO 2018 Expo is the number one platform for companies and entrepreneurs to make the most of these opportunities.

CAMAUTO 2018 will feature the latest auto parts, accessories and service & repair equipment and supplies. The expo is the key platform for those in the automotive aftermarket industry to source for new supplies and check out the latest trends and innovations. More importantly, it is where thousands of industry players gather and network to explore business cooperation and opportunities.

Whether you’re looking to study market feasibility, seek local partners and distributors, increase existing market shares in Cambodia, or simply maintain relationships with key clients while looking for new opportunities with foreign partners, you are sure to meet your objectives at CAMAUTO 2018.

To find out more, or to reserve a booth at CAMAUTO 2018, Contact Mr Yeo at yeo@ambtarsus.com or Mr Richard at richard@ambtarsus.com for more information.
 
     
     
     
     
   
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