The Council for the Development of Cambodia (CDC) has shared Cambodian potential sectors for investment, especially industry, manufacturing, processing, special economic zone creation, agriculture, and agro-industry, with a delegation of Chinese investors.
H.E. Chea Vuthy, Secretary General of the CDC’s Cambodian Investment Board received in Phnom Penh on Feb. 17 the delegation composed of representatives from 18 Chinese companies from Ningbo city, Zhejiang province, led by Mrs. Lu Zhiqiong, President of the Bank of Ningbo Co., Ltd.
H.E. Chea Vuthy spoke highly of China’s investment in Cambodia and encouraged the Chinese delegation to consider investing in establishing an agricultural production chain as Cambodia has many strategic crops such as rice, cassava and cashew.
The secretary general also underlined Cambodia’s investment situation and investment-related laws and regulations which are open, transparent and predictable as well as many incentive policies.
Mrs. Lu Zhiqiong thanked H.E. Chea Vuthy for sharing Cambodia’s investment environment, which will make the Chinese companies more interested to consider investing in the country.
