“Cambodia’s investment climate is experiencing significant growth in 2024, with positive opportunities and trends anticipated for the coming years,” said Sun Chanthol, deputy prime minister and first vice chairman of CDC.
He said this during a meeting of the coordinating committee for the Government-Private Sector Forum (G-PSF), attended by representatives from ministries and institutions and the Cambodia Chamber of Commerce (CCC).
Reasons cited behind this rise include economic growth, political stability and the new Cambodia Investment Law. Cambodia has also signed agreements with China, South Korea and the United Arab Emirates, and under the RCEP framework, making the country more appealing for investors.
A CDC Investment Project Management (cdcIPM) system has been designed to promote and attract foreign investment, provide investment facilitation and maintenance services, and serve as a mechanism for bilateral dialogue between the government and the private sector through previous joint committee meetings, domestic media outlets reported.
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