PHNOM PENH: The Cambodian Investment Committee at the Council for the Development of Cambodia (CDC) has pitched the country's investment opportunities to around 40 members of the EU-ASEAN Business Council.

H.E. Nuth Un Voanra, the deputy secretary-general of the Cambodian Investment Committee, led a Cambodian team at the meeting on Oct. 24 at the Courtyard by Marriot Hotel in Phnom Penh.

The deputy secretary-general outlined Cambodia's investment law and supported legal tools that secure openness, transparency, and confidence for investments.

He also highlighted Cambodia's smart and favorable incentive system, priority areas, investment guarantee and protection, and dispute resolution mechanisms.

Many of the EU investors — including Airbus, DHL, Roche, and Lidl & Kaufland — expressed their interest in exploring further possibilities for investing and expanding their production in Cambodia.

The EU-ASEAN Business Council is an institution representing the voice of European business in Southeast Asia and was established to promote trade and investment between the EU and ASEAN.

Its members include leading companies in finance, logistics, technology, agriculture, oil and gas, healthcare, and food and beverage. AKP