Cambodia Promotes Investment Potential and Opportunities in Japan

Cambodia has promoted her investment potential and opportunities in Japan through a workshop to lure more Japanese investors to the country. Organised in Tokyo on May 8 by the Council for the Development of Cambodia (CDC) in collaboration with ASEAN-Japan Centre (AJC) and Japan External Trade Organisation (JETRO), the workshop was presided over by H.E. SUN Chanthol, Deputy Prime Minister and First Vice President of the CDC, accompanied by H.E. TUY Ry, Ambassador of Cambodia to Japan, with participation of some 150 representatives from foreign missions in Japan, Japan's Ministry of Economy, Trade and Industry, Japan-Cambodia Friendship Parliamentary League, Japan Cambodia Association and private sector. On the occasion, H.E. SUN Chanthol highlighted Cambodia's potential to be an investment hub such as political stability, positively stable macroeconomic situation, dynamic young workforce, Royal Government of Cambodia (RGC)'s tendency to support business growth, attractive and favourable investment scheme, in termodal infrastructure being developed interconnectedly, and more. The CDC vice president was optimistic that Japanese businessmen and investors would visit Cambodia to study business and investment opportunities in person, and bring back current investment environment in Cambodia to Japanese business community in a greater extent. Guest speakers from the private sector also joined in the discussion forum about investment potentials in new areas in Cambodia, by stressing the ease of doing business, diversification of investment activities, and RGC's proactive policy support on renewable energy, green production chain, and digital economy that are in line with regional and global tendency. H.E. SUN Chanthol also chaired the launch of business matching meeting programme between Cambodia Oknha Association, Cambodia Chamber of Commerce, and Japan Cambodia Association, followed by an interview given to Nikkei. Source: Agence Kampuchea Presse