POWERPLUS MACHINERY (CAMBODIA) announces strategic partnership with ACLEDA BANK POWERPUS MACHINERY CAMBODIA SINGS MEMORANDUM OF UNDERSTANDING WITH ACLEDA BANK TO OFFER LEASING OPTIONS TO CAMBODIAN SMES TO TAP INTO BOOKING INFRASTRUCTURE SECTOR PHNOM PENH, October 9, 2020/ -POWERPLUS Machinery (Cambodia) (“PMC”) is pleased to announce a partnership with ACLEDA Bank PLC (ACLEDA), the largest bank in Cambodia, to provide financing options for small and medium enterprise in the country.

“We are proud to join hands with ACLEDA to offer financing for Cambodian business to expand their CAPEX and invest more in improving the infrastructure of the country.” Said Mr. Tho Da, PMC’s Managing Director.

I hope the MoU between ACLEDA and PMC will make it easier for the two companies to communicate and work together to improve Cambodia’s infrastructure.

“Together, we can do more to help in our nation’s development and the same time, allow leverage on their capital to own more heavy equipment such as dump trucks, excavators, wheel loaders, bulldozers, forklifts, tractors and motor grader. This in turn help to contribute to the building of the nation’s infrastructure and construction sector.

According to government statistics, the construction sector attached a total investment of US$8.7 billion in the first 11 months of 2019, up to 67 percent over the same period last year, a partnership between PMC and ACLEDA would allow small business owner more opportunities to tap into this growth.

Mr. Dennis Tan, a representative of PMC, most small and medium enterprise owners traditionally prefer to pay monthly rentals for their heavy equipment. “With the implementation of monthly instalments to service the financing for their equipment, we hope to help Cambodians own their Machinery and use our POWERPLUS machinery as assets to generate more income for themselves. We deeply value ACLEDA’s Strategic cooperation.” With the signing of this memorandum of understanding, PMC becomes ACLEDA’s preferred partner of choice in the heavy equipment industry.ACLEDA’s Bank PLC has one of the largest physical banking networks in Cambodia with 263 branches and 12,127 employees. It is the leading commercial bank that serves more than 412 thousand active borrowers, 2.4 million depositors, and more than 1 million mobile banking application users in all provinces and towns of the Kingdom of Cambodia. ACLEDA Bank’s mission is to provide micro, small and medium entrepreneurs with the wherewithal to manage their financial resource efficiently and by doing so to improve the quality of their lives. By achieving these goals, the Bank will ensure a sustainable and growing benefits to its shareholders, employees, and the community at large. POWERPLUS MACHINERY (Cambodia) PMC is a fast growing heaving equipment solution provider in Cambodia. A clear understanding of customer needs, prudent management, and an extensive coverage across Cambodia has allowed PMC to grow its business exponentially through the years. We offer market leading POWERPLS products such as dump trucks, agitator cars, crawler cranes, backhoes, bulldozers, motor grader and asphalt mixing plants. Our business revolves around machines you can count and customer satisfaction is vital for PMC. We provide more than just simply selling quality construction equipment; instead, we help our customer finance their heavy equipment purchase and support them closely with dedicated aftersales service, backed with a steady inventory of spares and a global distributor network of POWERPLUS.

For media and corporate enquiries, please contact:
Mean Vibol (MISS)

sales@powerpluscambodia.com ,
or call us directly at (+855) 69 863 868.