Yamaha Motor Company said that it will establish a motorcycle production plant in Cambodia jointly with Toyota Tsusho Corporation and a Cambodian firm, with operations scheduled to start from July 2009.

Yamaha will put up 70% of the starting capital of USD 11.5 million for the new company, while Yamaha Motor Cambodia Co and Toyota Tsusho will provide 20%. The remaining 10% will be provided by Kong Nuon Import & Export Co.

Asia Motors Co, a JV between Toyota Tsusho and Kong Nuon, has been assembling and marketing Yamaha’s motorcycles in Cambodia since March 2007.