Chinese investment group eyes Cambodian areca nut exports to China

PHNOM PENH: From yesterday's meeting, the Group Holdings Co., . explored investment opportunities in Cambodia.

On Thursday, November 30, 2023, Hainan Taste King Investment Group Holdings Co., Ltd., led by Ms. Luo Lihua, Secretary of the Board of Directors and Associates, paid a visit to the Council for the Development of Cambodia (CDC) to explore investment opportunities in the country.

The company, which specializes in planting, processing, and selling areca nuts, expressed interest in collaborating with Cambodian partners to establish areca nut plantations and processing facilities. They also aim to export Cambodian-grown areca nuts to the Chinese market and other international destinations.

H.E. Yun Heng, Deputy Secretary-General of the Board of Investment of Cambodia, welcomed the company's interest and highlighted Cambodia's open, transparent, and predictable investment laws.

He encouraged the company to engage with the Cambodian Chamber of Commerce and the Cambodian Oknha Association (COA) to identify potential investment partners.

The CDC pledged its full support to Hainan Taste King Investment Group Holdings Co., Ltd.'s investment endeavors and expressed its commitment to facilitating the company's success in Cambodia.

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