Cambodia Encourages More Japanese Investment on Industry and Agro-processing
AKP Phnom Penh, July 02, 2020 —
Cambodian Minister of Commerce H.E. Pan Sorasak has encouraged Japanese investors to invest in the fields of industry and agricultural product processing in Cambodia.
The call was made when he received a delegation of Japanese Business Association of Cambodia (JBAC) at the ministry on July 2.
In the meeting, H.E. Pan Sorasak reviewed briefly about the Regional Comprehensive Economic Partnership (RCEP) agreement of which Cambodia and Japan are members.
The RCEP agreement will create a broader market for Cambodia, and Cambodia is working toward the economic industrialisation in order to create jobs as well as create more value added for local products, he said.
JBAC delegation said Japanese firms are still targeting and injecting more investment to Cambodia and pledged to attract more Japanese investors to Cambodia.
By Chea Vannak