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 |
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 |

Minister Encourages Greater ASEAN and Chinese Investment in Cambodia

Phnom Penh, August 13, 2024 — Cambodia's Minister of Information, Neth Pheaktra, has called for increased investment from ASEAN member states and China, highlighting Cambodia's peace, political stability, and young workforce as key attractions.

Speaking at the ASEAN-China (Shanxi) Trade and Investment Promotion Seminar held in Changzhi, Shanxi province, China, the Minister emphasized the country’s conducive environment for investment, citing the nation’s consistent economic growth and its favorable policies for foreign investors.

“Thanks to peace, political stability, a robust adult population, and human capital, Cambodia has successfully drawn significant investments from Europe, the United States, and Asia,” Neth Pheaktra remarked at the seminar, which was part of ASEAN-China Week 2024 under the theme "New Opportunities, New Momentum, New Cooperation, and New Development."

The Minister noted that as of 2023, Cambodia's foreign direct investment (FDI) had reached a total of USD 48.4 billion, reflecting a 7.9 percent increase compared to the previous year. He attributed this growth to the country's favorable investment environment, incentive policies for new investments, and several large-scale free trade agreements (FTAs). These agreements include the Cambodia-China FTA, the Regional Comprehensive Economic Partnership (RCEP), the Cambodia-Korea FTA, and the Cambodia-UAE Comprehensive Economic Partnership Agreement.

China remains Cambodia's largest investor, with a total investment of USD 3.7 billion in 2023. The Minister emphasized that Cambodia continues to offer significant opportunities for investors from China, particularly from Shanxi, as well as from other ASEAN countries.

Cambodian products are exported to various international markets, including 250 million consumers in the Mekong sub-region, around 630 million in the ASEAN market, and 2.2 billion in RCEP member countries.



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