Monday, May 21, 2012

Cambodia spends 121 mln USD for vehicle imports in Q1, up 40 pct

PHNOM PENH, May 19 (Xinhua) -- Cambodia had spent 121 million U. S. dollars to purchase automobiles and motorcycles from foreign countries in the first three months of this year, a 40 percent rise from 86 million U.S. dollars at the same period last year, the data of the Commerce Ministry showed on Saturday.

During the January-March period this year, the country had imported 217,000 vehicles, up 20 percent from 180,800 year on year, it said.

The reports did not separate the number of automobiles and motorcycles.

The increasing demand of vehicles thanks to people's better living condition and growing economy.

The Southeast Asian nation has imported vehicles mainly from Japan, Thailand, Vietnam, China, South Korea, the United States, and the United Kingdom. Japan-branded vehicles are most popular in this country.

According to the figures of the Ministry of Public Work and Transport, to date, the country has about 1.8 million motorcycles and 320,000 cars, buses and trucks.

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