Sihanoukville Television, September 8 — Cambodian media reported that Deputy Prime Minister and First Vice-Chairman of the Council for the Development of Cambodia Sun Chanthol called China one of Cambodia’s most important investment and trade partners during the 25th China International Fair for Investment and Trade in Fujian. He invited more Chinese companies to invest, especially in transport, power and logistics infrastructure.
In a meeting with Fujian Governor Zhao Long, the two discussed investment and trade ties. Zhao outlined Fujian’s location and development advantages, highlighting broad cooperation opportunities and hopes for practical results through CIFIT.
Sun Chanthol thanked China for its longstanding support for Cambodia’s socioeconomic development, particularly assistance with roads and bridges. He also cited steady progress on the Funan Techo Canal, saying it would greatly improve inland shipping capacity and regional connectivity.
He said CIFIT provides an important platform for Cambodia-China cooperation and new opportunities to attract investment and promote Cambodia’s business environment.
CDC figures show that Cambodia approved 51 investment projects in August this year, worth about US$608 million and expected to create over 27,000 jobs. Domestic investment accounted for about 45%, while China, Singapore and the United Kingdom were also major sources.
Compiled by this station.
