13 Oct 2020
Powerplus Group’s joint venture company in Cambodia, Powerplus Machinery Cambodia Co., Ltd collaboration with ACLEDA Bank Plc
Heavy machinery supplier Powerplus Cambodia has teamed up with ACLEDA Bank Plc, signing a memorandum of understanding (MoU) to provide financing for SMEs to tap into the booming infrastructure sector.
This collaboration between Powerplus Cambodia and ACLEDA Bank Plc, allows Powerplus’s clients to gain access to bank loans and leverage on their capital to own more heavy equipment, such as dump tracks, excavators, wheel loaders, bulldozers, forklifts, tractors and graders. This in turn helps to contribute to the building of Cambodia infrastructure as well as the construction sector.
"With the implementation of monthly instalments to service the financing for their equipment, we hope to help Cambodians own their machinery, and to use our machines as assets to generate more income for themselves. We deeply value ACLDEA’s strategic cooperation" -Dennis Tan, representative of Powerplus