PHNOM PENH: A Chinese delegation, led by Mr. Wang Honggang, Deputy General Manager of China Energy Engineering Corporation, have sought for trade and investment potential and opportunities in areas of digital economy, energy and renewable energy in Cambodia.
The intention was unveiled while the delegation, composed of senior representatives of three Chinese companies, namely Management Venture Asia (Cambodia), Toyo Ventures Holdings Berhad, and China Energy Engineering Corporation, paid a courtesy call on H.E. Sun Chanthol, Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia (CDC), at the CDC headquarters on April 25.
On the occasion, H.E. Sun Chanthol expressed welcome the Chinese investors’ interest to the above-said sectors, and persuaded his guests why Cambodia should be a good investment hub by raising about favourable investment environment, peace, inflation stability, and exchange rate stability.
The Cambodian DPM also mentioned about availability of Cambodia’s market which is connected to those in region and the world, the openness of Cambodian investment law which allow foreign investors to own 100-percent rights for their business in the country, attention to the development of supporting physical infrastructure, and other infrastructure projects under construction across the nation.