
Phnom Penh, June 27 — Cambodia has called on Chinese officials and investors from Wuxi, Jiangsu Province, to increase investment in the Kingdom’s production of raw materials and semi-finished goods. The appeal was made by Chea Vuthy, Secretary General of the Cambodian Investment Board, during a meeting with Hua Xiao Feng, Vice President of Wuxi Guolian Group.
Vuthy emphasized the need to enhance supply chain resilience and boost value-added local products for export. He also highlighted Cambodia’s investment environment and special economic zones, particularly the Sihanoukville Special Economic Zone, which has received strong support from Wuxi.
Hua expressed interest in contributing to the development of the zone and increasing agricultural processing for the Chinese market. Economic expert Hong Vannak noted that increased investment in raw materials and processing industries is crucial for Cambodia’s SMEs and export competitiveness.
The push aligns with Cambodia’s broader goals to diversify its agricultural export markets and develop key corridors like the “Industrial and Technology Corridor” and the “Fish and Rice Corridor.”
Read the whole story go to China Urged to Invest in Production of Cambodia’s Raw Materials | Kiripost