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Chinese enterprise investment drives further development of Cambodia's economy

Author: Koh Kong Zhejiang SEZ Co., Ltd Number of views: 141 times Update time:2025-01-10

According to a report released by the Cambodian Ministry of Commerce, the number of Chinese companies registered in Cambodia reached 2921 in 2024, a year-on-year increase of 20.65%. The bilateral trade volume between Cambodia and China was 13.76 billion US dollars, of which Cambodia's exports to China were 1.6 billion US dollars, a growth rate of 22.27%.

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Xie Wudi, Secretary General of the Cambodian Investment Council, stated that in recent years, China has consistently ranked first in the field of foreign direct investment (FDI) in Cambodia. Many large Chinese companies are investing in new areas in Cambodia, including tire manufacturing, electronic equipment assembly, and furniture manufacturing. In addition to the traditional clothing and footwear industries, these investments have also created higher added value through the adoption of modern technology, driving further development of the Cambodian economy. Xie Wudi believes that this series of data and development trends indicate that Cambodia is becoming a hot spot for Chinese enterprise investment, and the future prospects for cooperation between the two sides are even broader.

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