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Cambodian Premier Woos Global Investors Beyond China

Dr. Hun Manet, the Prime Minister of Cambodia, has extended a warm invitation to investors worldwide, breaking the notion that Cambodia excl...

Cambodian Premier Woos Global Investors Beyond China

Dr. Hun Manet, the Prime Minister of Cambodia, has extended a warm invitation to investors worldwide, breaking the notion that Cambodia exclusively favors Chinese investments.

During a recent gathering with Cambodian communities in Australia and New Zealand on March 3, 2024, Dr. Hun Manet emphasized the nation's openness to investors from all corners of the globe.

Addressing concerns of Cambodia's alleged inclination towards Chinese investments, Dr. Hun Manet declared, 

"We welcome investments from every country, not just one."

Asserting his commitment, he stated, "Success isn't measured by the number of meetings but by the partnerships forged."

Dr. Hun Manet highlighted the significant strides in Cambodia's macroeconomic stability over the past six months.

Underlining the government's capability to steer the nation, he remarked, 

"We've ensured administrative sustainability, fostering warmth at both national and sub-national levels."

During his tenure, Cambodia has attracted 172 investment projects, domestic and foreign, totaling nearly $4 billion in capital.

These ventures are poised to generate approximately 190,000 job opportunities for Cambodian citizens, amplifying prospects for economic growth and prosperity.

In a notable development, Premier Hun Manet revealed a Chinese project's interest in establishing a tire manufacturing plant in Cambodia, with an investment exceeding $1 billion.

This initiative underscores Cambodia's allure as an investment destination and signals burgeoning collaborations with international partners.

Dr. Hun Manet's proactive approach towards diversifying investment sources echoes Cambodia's commitment to fostering global partnerships.

His inclusive stance not only reinforces Cambodia's economic resilience but also enhances its standing as an attractive investment hub in the region.

As Cambodia forges ahead on its path to economic development, Dr. Hun Manet's outreach to global investors marks a pivotal moment in the nation's journey towards prosperity.

With an unwavering focus on inclusivity and sustainable growth, Cambodia is poised to emerge as a beacon of opportunity on the world stage, transcending geographical boundaries and fostering mutual prosperity for all stakeholders.

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