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Cambodia Condemns Thai Military Attack on Preah Vihear Temple | Cambodia Confirms Troops Still Holding Mount Trop as Thailand Cannot Raise Flag on Sovereign Territory | Cambodia and Thailand Clashes Enter Third Day as Casualties Rise to 33 | UN Security Council Urges Restraint as Thailand-Cambodia Clashes Intensify | Cambodia Condemns Thai Aggression at UN, Calls for Ceasefire and International Intervention | Techo Hun Sen Advises Military Strategy Amidst Border Clashes with Thailand | 45 Staff Rescued After Being Trapped at Preah Vihear Temple Amidst Clashes | BREAKING: Cambodia Denies Firing Projectiles into Laos, Accuses Thailand of Disinformation | Cambodia's Tourism Ministry Seeks Aid for Troops, Refugees; Reaffirms Commitment to Peace | BREAKING: Laos Denies Border Clash with Cambodia; Cambodia Rejects Thai Accusations of Shelling Laos | BREAKING NEWS: Andrew MacGregor Marshall Claims Queen Mother Sirikit Has Died, Alleging Concealment by Thai Authorities | TOP NEWS: Trump Claims Diplomatic Role in Cambodia-Thailand Border Conflict, Calls for Ceasefire | TOP NEWS: Cambodian Prime Minister Confirms President Donald Trump Ceasefire Agreement with Thailand | Thai Military of Escalating Attacks, Despite Cambodia Ceasefire Efforts |

Zhejiang Investment Seeks More Investment Opportunities in Cambodia

Phnom Penh, 16 May 2024 – A delegation from China's Zhejiang Construction Investment Group Co., Ltd., led by its Chairman Mr. Tao Guanfeng, has sought investment potential and opportunities in Cambodia.

The delegation was received by Chea Vuthy, Secretary General of the Cambodian Investment Board (CIB) of the Council for the Development of Cambodia (CDC), at the CDC headquarters on May 15.

During the meeting, Chea Vuthy welcomed the Chinese delegation's interest in exploring more investment opportunities in Cambodia's potential areas, in addition to their existing investment in physical infrastructure development in the Kingdom over the past 15 years.

The CIB secretary general highlighted the remarkable growth of bilateral economic ties between Cambodia and China, particularly between Cambodia and Zhejiang province. He noted that this growth is a testament to the mutual understanding between the Royal Government of Cambodia and the Chinese private sector, and it serves as a catalyst for driving the flow of Chinese investment into Cambodia, contributing to the prosperity of the Cambodia-China Community of Common Destiny.

He also encouraged the Chinese company to consider investing in raw material production and semi-finished products for the domestic market, instead of relying on imports from foreign countries. Additionally, he suggested looking for opportunities to partner with Chinese companies from Zhejiang province to meet the needs of regional and global markets.

For his part, Mr. Tao Guanfeng acknowledged Cambodia's continuous development, which he sees as a driving force for his investment to become more diversified and sustainable in the Kingdom.




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