The Japanese-owned Minebea Co. Ltd. plans to expand its production of wireless high-efficiency LED streetlights to be used in Phnom Penh as part of its efforts to support Cambodia’s smart city project, according to an official in the Ministry of Industry.
Minebea is a major producer of machinery components and electronics devices and currently operates in the Phnom Penh Special Economic Zone (PPSEZ).
Um Sotha, the ministry’s spokesman, said yesterday Yoshihisa Kainuma, CEO of Minebea (Cambodia), met with Industry Minister Cham Prasidh recently and pledged his support for the smart city project.
Mr Sotha quoted Mr Kainuma as saying: “We plan to expand our production capacity in the PPSEZ and once we have the necessary skilled technical workforce in place, our production will be doubled.”
According to Mr Sotha, Mr Kainuma told Mr Prasidh that Minebea will be expanding the production of its wireless high-efficiency LED streetlights, shifting some of its production capacity from the Philippines and China to Cambodia.
Minebea’s LED lighting with wireless dimming control uses 70 percent less power than conventional high intensity discharge lighting, providing the same level of brightness.
“Minebea will continue to forge ahead with helping Cambodia to showcase the most advanced smart city in the world,” said Mr Sotha, who was quoting Mr Kainuma.
Mr Sotha said Minebea’s expansion reflected positively on the government’s policy to attract foreign investment.
“Japanese companies are very particular about political stability and security before they make any decisions to expand,” he said.
“So it is a good sign that Minebea has decided to expand its production of LED streetlights in Cambodia.”
The main products manufactured by Minebea include micro actuators, brush DC motors and power brushless motors. The company has created about 20,000 jobs for Cambodians at all levels with its three manufacturing plants operating in the country.
In 2011, the company started with an investment of $23 million and today its investment is about $250 million.