Uber plans to enter Cambodia

Uber has expressed an interest in entering the Cambodian market, according to local media reports.

The Phnom Penh Post revealed on Friday that representatives from global ride-hailing company have met with Cambodia’s Transport Minister, Sun Chanthol, to explain their business model and discuss their plans.

And Ken Ratha, deputy director at the Ministry of Public Works & Transportation, told the newspaper that the minister was supportive of the plan.

“The minister showed his strong support for the company’s project and encouraged more discussions to elaborate on its operating plan,” he was quoted saying by the Phnom Penh Post.

“There are no details right now on how Uber’s entrance to the market will affect the current taxi and transport industries. But so far those involved in the discussion have shown their interest to implement this smart business concept, with the hope that it will help to reduce traffic congestion and accidents.”

Uber operates in more than 570 cities worldwide, but it has had to overcome a series of hurdles in several countries, including conflicts with taxi operators and regulatory issues.