CDC and ASEAN-Japan Center discuss potential bilateral trade and investment cooperation

: The Council for the Development of Cambodia (CDC) and ASEAN-Japan Centre (AJC) have discussed possible bilateral trade and investment opportunities and cooperation to attract more Japanese investors to Cambodia.

The discussion was held between H.E. SUN Chanthol, Deputy Prime Minister and First Vice President of CDC, accompanied by H.E. Tuy Ry, Ambassador of Cambodia to Japan, and H.E. Kunihiko Hirabayashi, Secretary General of AJC, in Tokyo of Japan, on May 7.

On the occasion, H.E. SUN Chanthol informed H.E. Kunihiko Hirabayashi about Cambodia's investment environment which is open, attractive and easy for investment in all sectors as well as the 's commitment to maintain political stability, macro-economic stability and supporting policies, aiming to transform Cambodia into a high-income economy by 2050.

The CDC vice president also took the opportunity to brief the Japanese side about law condition, technical study, and environmental impact assessment of Funan Techo Canal, a historic project that link Cambodian river to the sea.

For his part, H.E. Kunihiko Hirabayashi expressed AJC's support to the future cooperation with Cambodia. He was convinced that the 7th-mandate Royal Government of Cambodia will attract more and more investment to the country.

On the same day, H.E. SUN Chanthol also met separately with H.E. Hosaka Shin, Vice Minister of International Affairs at Ministry of Economy, Trade and Industry (METI), and H.E. Imamura Masahiro, President of the Japan-Cambodia Parliamentary Friendship Association, to exchange views on future cooperation between CDC and METI and between CDC and the Japan-Cambodia Parliamentary Friendship Association.

H.E. SUN Chanthol requested the Japanese side to attract more Japanese investors to Cambodia through their feasibility study of investment environment with the expansion of production chain and supply chain in the Kingdom, as well as thanked the Government of Japan and her people for their support to the socio-economic development of Cambodia since the 1990s.

H.E. SUN Chanthol and his delegation have been paying a three-day visit in Japan from May 7 to 9 to further encourage more Japanese investors to come to invest in Cambodia.

Post Comment