Thai firm Precise Electric Manufacturing Co Ltd, based in Pathumthani, Thailand, has unveiled its investment plans on manufacturing electronic compliance products in Cambodia’s Pursat province.
The company said the manufacturing factory is to produce electronic compliance products and has been seeking approval from local authorities.
Pursat governor Mao Thonin told Khmer Times that the company has raised the investment plan in a meeting held on Jan 29, asking for support from the Pursat provincial hall on the project.
The company stated support from the provincial hall is to allow the company to accelerate the investment plan as soon as possible, he said.
A post on Pursat Provincial Hall website quoted Nathapong Korom, managing director of Precise Electric Manufacturing, stated the establishment of manufacturing in Pursat province is to supply the electronic compliance requirements in the country.
“The firm is confident in investment on electronic compliance manufacturing in Pursat province because of the potential of the province in the energy sector and the hydropower source battery allows for distributing power in the province and to nearby provinces in the country,” Nathapong said.
The company has also discussed the investment project with Cambodia’s electricity authority (EDC).
However, the spokesman at the Ministry of Mines and Energy could not be reached for comments yesterday.
According to Precise Corporation’s website, Precise Electric Manufacturing is one of the subsidiary firms under Precise Corporation Public Co Ltd in Bangkok, Thailand, which is a leader in the sustainable development of electricity and power.