Recently, Sun Chanthor, Deputy Prime Minister and Vice Chairman of the Development Council of Cambodia (CDC), held a meeting to gather representatives from various provinces and government officials to jointly explore ways to improve Cambodia's business environment and facilitate investment application registration. Sun Zhantuo said that the CDC will strengthen the convenience of enterprise registration and attract foreign investment. "Under the pressure of the current trade war, foreign-funded enterprises may change their investment destinations, so we need to be fully prepared to cope with such shocks.

He emphasized that in order to attract more investment under the pressure of the trade war, the CDC is reviewing and implementing more reforms, identifying the problems, and creating more incentives for investors. ”

In 2024, Cambodia will attract 414 fixed assets investment, with a total investment of US $6.9 billion, up 40% from US $4.92 billion in 2023. These projects mainly focus on industries such as clothing, tourism supplies and footwear, hotel development, hydropower stations, freshwater ports, solar power plants, agriculture, amusement parks, automobile tire factories, economic zones, infrastructure, and telecommunications. Sun Zhantuo attributed the growth of foreign direct investment (FDI) to a peaceful and stable political environment, as well as the promotion of potential investment by national leaders. He said, "The Cambodian government is committed to attracting investment and providing corresponding incentives to investors, which is an important factor in promoting the increase of foreign direct investment in Cambodia

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