Preah Sihanouk Provincial Television, August 14. Businesspeople from Beijing and Anhui visited Cambodia to explore investment and cooperation in forestry and the integrated textile and garment industry.
At a meeting in Phnom Penh on August 13, Lim Visal, deputy secretary-general of the Cambodian Investment Board of the Council for the Development of Cambodia, said the countries had long maintained close and friendly ties and that China’s support for infrastructure and other sectors had aided Cambodia’s development.
He outlined investment policy, the legal framework and incentives, and described how public–private dialogue had helped attract foreign capital and improve the business environment.
The delegation thanked its hosts and said it wanted to understand Cambodia’s market, particularly opportunities in forestry and in the textile supply chain from spinning, weaving, dyeing and finishing to garment production.
Lim Visal said Cambodia encouraged investment in these sectors, especially projects spanning the garment supply chain. He said they fit Cambodia’s strategy of producing inputs locally, adding value and improving export competitiveness. With Cambodia scheduled to leave the least developed countries category at the end of 2029, he said such investment would help its economy diversify and upgrade.
KPS99TV newsroom compilation.
