PHNOM PENH: The Cambodian government has reaffirmed its commitment to bolstering bilateral relations and cooperation with the United States in the areas of trade and investment. This commitment was expressed during a series of high-level meetings held in Washington D.C. recently.

Deputy Prime Minister and First Vice President H.E. SUN Chanthol met with U.S. Deputy National Security Advisor for International Economics H.E. Daleep Singh to discuss investment opportunities in Cambodia.

During the meeting, H.E. SUN Chanthol highlighted the Kingdom’s favorable investment climate, including its young and dynamic workforce, competitive markets, and Free Trade Agreements (FTAs) such as the Regional Comprehensive Economic Partnership (RCEP).

He also emphasized the Council for the Development of Cambodia’s (CDC) readiness to facilitate investments through its cdcIPM system, a technology platform designed to streamline the investment application process.

Additionally, H.E. SUN Chanthol met with Mr. Scott Nathan, CEO of the U.S. International Development Finance Corporation (DFC), to explore potential DFC activities in Cambodia, particularly in the areas of infrastructure, agriculture, health, and people’s well-being. During the meeting, H.E. SUN Chanthol updated Mr. Nathan on Cambodia’s progress in these priority sectors and expressed interest in deepening DFC’s involvement.

In another meeting with a delegation from the Atlantic Council of the United States, H.E. SUN Chanthol emphasized the importance of Cambodia-U.S. bilateral relations and highlighted the country’s growth in private investment and favorable investment environment. He also introduced the CDC Investment Project Management (cdcIPM) system, a technology platform designed to facilitate investment applications.

The U.S. delegation, led by Atlantic Council President and CEO Mr. Frederick Kempe, expressed interest in investing in Cambodia, particularly in the areas of technology, telecommunications, and food. They also praised H.E. SUN Chanthol’s efforts to promote Cambodia’s investment potential.

Finally, H.E. SUN Chanthol met with H.E. Ted Osius, President and CEO of the U.S.-ASEAN Business Council, and a delegation of American private companies to explore opportunities for further investment in Cambodia.

During the meeting, H.E. SUN Chanthol discussed Cambodia’s investment incentives and advantages, and the delegation expressed interest in exploring specific investment projects.

These meetings demonstrate the Cambodian government’s proactive efforts to attract US investment and strengthen bilateral relations. By highlighting Cambodia’s favorable investment climate, promoting its investment incentives, and facilitating the investment application process, the government is sending a clear message to US businesses that Cambodia is a viable and attractive destination for investment.