Siem Reap Times

Thursday, May 16, 2024

Cambodian Government Welcomes Chinese Delegation to Explore Investment Opportunities

China Explores Trade and Investment Prospects in Cambodia's Digital and Energy Sectors
Cambodia's commitment to fostering international investment received a significant boost as a delegation from China, led by Wang Honggang, Deputy General Manager of China Energy Engineering Corporation, embarked on a mission to explore potential trade and investment opportunities in Cambodia's digital economy, energy, and renewable energy sectors.

The delegation, comprising senior representatives from Management Venture Asia (Cambodia), Toyo Ventures Holdings Berhad, and China Energy Engineering Corporation, convened with Sun Chanthol, Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia (CDC), at the CDC headquarters on Wednesday.

Chanthol warmly welcomed the Chinese investors and underscored Cambodia's appeal as an investment destination. He highlighted the country's favorable investment climate, political stability, and strategic market access, offering a gateway to regional and global markets.

Moreover, Chanthol emphasized Cambodia's investor-friendly policies, including the allowance for foreign investors to retain full ownership of their businesses within the country. He also noted ongoing initiatives to develop essential infrastructure and large-scale projects to support incoming investments, underscoring Cambodia's commitment to facilitating a conducive environment for foreign investment.
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