1900万美元投资落地，广汽加码柬埔寨制造业版图
9月19日，中国广汽集团与柬埔寨合作伙伴TH集团在金边签署KD工厂合作协议，总投资约1900万美元。这是广汽在东南亚设立的首个本地化生产项目，标志着其“ONE GAC 2.0”战略的重要落地。
该工厂位于磅清扬省，距离金边约70公里，设计年产能1.5万辆，设有四条组装线，预计2025年12月竣工，2026年初投产。项目预计将带来数百个就业岗位，并培养本地技术工人。柬埔寨发展理事会（CDC）秘书长谢无敌表示，汽车产业是重点扶持领域，广汽的投资将推动该国制造业升级，并提升其在东盟供应链中的地位。
广汽方面指出，自2019年进入柬埔寨市场以来，公司销量逐步增长，预计2025年将突破2000辆。本地生产有望改善成本结构、缩短响应周期，并进一步提升市场渗透率。然而，柬埔寨全年新车销量不足10万辆，市场容量有限，如何通过RCEP和东盟零关税体系实现区域辐射，成为项目成败的关键。
随着日本、韩国以及越南VinFast加速布局东南亚，中国车企正从出口模式转向本地化生产。广汽在柬埔寨的工厂不仅是商业投资，也是中柬“工业发展走廊”的具体成果。对广汽而言，该项目既是销量的加法，更是战略的乘法，或将成为其东南亚布局的重要支点。
On September 19, China’s GAC Group signed a KD plant cooperation agreement with Cambodian partner TH Group in Phnom Penh, with a total investment of approximately USD 19 million. This marks GAC’s first localized production project in Southeast Asia and a major step in its “ONE GAC 2.0” strategy.
The plant, located in Kampong Speu Province about 70 kilometers from Phnom Penh, is designed with an annual capacity of 15,000 units and four assembly lines. Completion is scheduled for December 2025, with production starting in early 2026. The project is expected to create hundreds of jobs and cultivate local technical talent. According to Sok Chenda Sophea, Secretary-General of the Council for the Development of Cambodia (CDC), the investment will not only support industrial upgrading but also strengthen Cambodia’s position in the ASEAN supply chain.
Since entering Cambodia in 2019, GAC has seen steady sales growth, with volumes projected to exceed 2,000 units by 2025. Local production is expected to reduce costs, improve responsiveness, and enhance market penetration. However, Cambodia’s annual new vehicle sales remain below 100,000 units, posing a challenge of overcapacity. Leveraging RCEP and ASEAN zero-tariff mechanisms to expand into regional markets will be crucial.
As Japanese, Korean, and Vietnamese brands accelerate their Southeast Asia expansion, Chinese automakers are shifting from exports to localized production. GAC’s Cambodia plant is not only a commercial investment but also a concrete achievement of the China-Cambodia “Industrial Development Corridor.” For GAC, the project represents more than incremental sales—it is a strategic multiplier that could become a pivotal hub for its regional operations.