Cambodia becomes a hot investment destination as investors from China, Japan, and the US visit for inspection

亚洲联合时报 2023-03-22 18:22

Recently, Cambodian investors led a group of investors from China and Japan to visit and explore the investment potential in Siem Reap. Sam Seiha, the manager of the CENTURY 21 Siem Reap branch, stated that since the Cambodian government reopened the country, Siem Reap has not seen any major project investments. "We expect local and international investors to be interested in investing in Siem Reap in the future. According to the Cambodian government's plan, Siem Reap will have many national-level large-scale projects, such as the Phnom Penh-Siem Reap highway," he said.

It is understood that Siem Reap is an important economic hub in Cambodia and is also an area with great development potential, which is included in Cambodia's smart city development plan. This makes it more attractive to real estate developers. Many real estate development projects are currently settling in the area.

US investors seek investment opportunities in Cambodia

On March 21, Buon Sarakmony, Secretary of State of the Cambodian Ministry of Commerce, met with a delegation of US investors led by Hout Kimcha, Honorary Consul General of Cambodia in Long Beach, California. The two sides discussed investment opportunities in Cambodia.

Buon Sarakmony welcomed the delegation and introduced Cambodia's favorable investment environment, suggesting that US companies interested in investing in Cambodia establish companies, factories, or invest in the financial industry in Cambodia, and encouraged them to invest in the healthcare industry, which has a high demand and good market prospects.

Hout Kimcha highly praised Cambodia's good reputation, and the US investors in the delegation expressed their strong interest in investing in Cambodia, citing the country's favorable investment environment.