Recently, Sun Zhantuo, Deputy Prime Minister and First Vice Chairman of the Development Council of Cambodia, led the Cambodian delegation to participate in a business negotiation matchmaking meeting held at the headquarters of the Japan External Trade Organization (JETRO), accompanied by the Cambodian Ambassador to Japan, Ling Li, and the Secretary General of the Investment and Development Council of Cambodia, Suon Sophal, to promote Japanese investors seeking investment opportunities in Cambodia.

Sun Zhantuo: Now is a good time to invest in Cambodia

Sun Zhantuo unveiled the business negotiation matchmaking conference for the Cambodian Viscount Association, Cambodian Chamber of Commerce, and Japan Cambodia Association. He introduced and emphasized Cambodia's investment potential and advantages, including political stability, positive macroeconomic situation, dynamic labor resources, favorable investment system, active development of infrastructure, and interconnected development policies.

He said, "It's difficult for investors to invest in countries with rapidly fluctuating inflation. But in Cambodia, our inflation rate is low, and the government is proactive in welcoming and supporting investors at any time

Sun Zhantuo stated that the government's job is to provide convenience for the private sector, not to become their managers, as the private sector is the driving force behind Cambodia's economic growth. Before investing in any country, investors need to understand the country's investment laws to see if they can protect their investment rights.

He said, "In addition, we hope that investors and entrepreneurs who are invited to participate in the forum can go to Cambodia for inspection and have a more comprehensive understanding of the current investment environment in Cambodia, so as to introduce Cambodia to the Japanese business community in a reasonable and fair manner to the greatest extent possible

Many private sectors also participated in the Investment Potential Forum for New Industries in Cambodia, mainly discussing the convenience of doing business, diversification of investment activities, active government policy support for renewable energy, and the development of green production chains and digital economy in line with regional and global trends.

More than 150 business representatives attended the seminar, including Masahiro Imamura, Chairman of the Japan Cambodia Friendship Association, Susumu Kataoka, Chairman of the Japan External Trade Organization, Yasuji Komiyama, Director General of the Metal Industry Department of the Ministry of Economy, Trade and Industry of Japan, and representatives from the private sector.

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