Cambodian Deputy Prime Minister Leads Investment Drive in Japan

Deputy Prime Minister Sun Chanthol, alongside a delegation of Cambodian investors, commenced a significant three-day visit to Japan on May 7...

Deputy Prime Minister Sun Chanthol, alongside a delegation of Cambodian investors, commenced a significant three-day visit to Japan on May 7th. The purpose of the visit is to foster stronger economic ties between the two nations, particularly by enticing Japanese investors to consider opportunities in Cambodia's burgeoning market.

Promoting Bilateral Cooperation

On the inaugural day of the visit, Deputy Prime Minister Sun Chanthol and his delegation engaged in pivotal discussions with key Japanese counterparts. Meetings with AJC Secretary General Kunihiko Hirabayashi and Deputy Minister Hosaka Shin emphasized bilateral cooperation, aiming to bolster trade and investment between Cambodia and Japan.

Gratitude and Assurances

Expressing gratitude for Japan's ongoing support, Deputy Prime Minister Sun Chanthol underscored Cambodia's commitment to facilitating investment and fostering a conducive business environment. Highlighting Cambodia's open and attractive investment landscape across various sectors, he reassured Japanese stakeholders of the government's unwavering dedication to economic stability and growth.

Visionary Leadership for Prosperity

Deputy Prime Minister Sun Chanthol outlined the Royal Government's ambitious vision, under Prime Minister Hun Manet's leadership, to elevate Cambodia to a high-income nation by 2050. Emphasizing the government's focus on political stability, macroeconomic robustness, and favorable policies, he conveyed a compelling narrative for sustained growth and development.

Project Presentation and Collaboration

A pivotal aspect of the discussions revolved around the Prek Chun Funan Techo project, aimed at enhancing Cambodia's waterway connectivity. Deputy Prime Minister Sun Chanthol presented comprehensive insights into the project's legal framework, technical feasibility, and environmental impact assessment, seeking collaboration and investment from Japanese counterparts.

Strengthening Economic Bonds

The visit serves as a testament to Cambodia's proactive approach in attracting foreign investment and fostering mutually beneficial partnerships. By engaging in constructive dialogues and showcasing investment opportunities, Deputy Prime Minister Sun Chanthol and the Cambodian delegation aim to strengthen economic bonds and propel Cambodia towards sustainable prosperity.

Looking Ahead

As the visit progresses, anticipation mounts for fruitful collaborations and investment commitments between Cambodia and Japan. With a shared vision for economic advancement and mutual prosperity, both nations stand poised to leverage this opportunity for enduring growth and cooperation.

Amidst the backdrop of evolving global dynamics, the Cambodian Deputy Prime Minister's visit to Japan signals a strategic move towards diversifying investment avenues and solidifying bilateral relations.