The Shandong (Cambodia) Economic and Technological Development Zone has announced plans to expand its investment footprint in Cambodia, targeting renewable energy and high-potential sectors to signal growing Chinese investor confidence in the Kingdom.
The expansion plan was unveiled Wednesday in Beijing during a courtesy meeting between Cambodian Prime Minister Samdech Moha Borvor Thipadei Hun Manet and development zone representative Mr. Wu Yujie, amid the Premier’s official working visit to China.
Mr. Wu expressed strong confidence in Cambodia’s economic trajectory and briefed the Prime Minister on the zone’s operations, which began in 2012. Over the past decade, the firm has focused heavily on industrial park development and agriculture, particularly cashew cultivation.
Building on this long-term presence, Mr. Wu noted that the company now intends to diversify into strategic sectors, prioritising renewable energy to support Cambodia’s green transition.
In response, Prime Minister Samdech Thipadei Hun Manet welcomed the expansion plans, commending the company’s sustained contributions to Cambodia’s socio-economic development. He encouraged the zone’s leadership to coordinate closely with relevant Cambodian ministries and institutions to translate these proposals into concrete projects.
Furthermore, the Prime Minister invited the company to leverage its extensive experience in cashew cultivation by exploring additional investment opportunities in the agricultural and agro-industrial sectors of Cambodia’s northeastern provinces.
Samdech Hun Manet reaffirmed that the Royal Government provides comprehensive policy support and tailored investment incentives for agro-industrial projects in the northeast, aiming to drive sustainable regional development and attract higher-value investments.
