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Deadly Collision Claims 67 Lives in U.S. Air Disaster | At Least 30 Dead and Many Injured in Stampede at Maha Kumbh Mela in India | Chinese President Xi Jinping Affirms Cambodia's Role as a Key Partner in China’s Diplomatic Strategy | Xi Jinping Concludes State Visit to Cambodia, Strengthening Bilateral Ties | Chinese President Xi Jinping Concludes Successful State Visit to Cambodia | Chinese Ambassador: US-China Trade Tensions Harm Developing Nations; President Xi Urges Investment in Cambodia and Expanded Market Access | Japanese Maritime Self-Defense Force Ships Bungo and Etazima Dock at Ream Sea Base for Four-Day Visit | Prime Minister Hun Manet Expresses Displeasure Over Criticism of Chinese Investments During Kampot International Tourist Port Inauguration | Asian Development Bank Collaborates with Cambodia on New Development Projects Worth Over $1 Billion |

Indonesian Conglomerate CT Corp Expresses Interest in Investment Opportunities in Cambodia

  • Posted Nov 23, 2024 13:42 by EAC News
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Phnom Penh, November 22, 2024– On November 22, Prime Minister Samdech Hun Manet of the Kingdom of Cambodia met with Dr. Chairul Tanjung, the Chairman of CT Corp, during a courtesy call and business discussions held at the Peace Palace.

Dr. Tanjung presented CT Corp as a major Indonesian conglomerate with diverse operations spanning financial services, entertainment, real estate, hotels, and shopping malls. He praised Cambodia’s rapid development across multiple sectors and conveyed the conglomerate's strong interest in exploring potential investment opportunities within the country.

Prime Minister Hun Manet responded positively to CT Corp's interest, emphasizing the numerous potential sectors for investment in Cambodia, both in export and domestic markets. He outlined the policies and initiatives enacted by the Royal Government of Cambodia to enhance the business climate and foster investment, highlighting Cambodia's strategic market connections both regionally and globally, particularly through various bilateral and multilateral free trade agreements.

The discussion also focused on identifying opportunities in key sectors, including finance, real estate, agriculture, agro-industry, education, technology, tourism, and recreational facilities such as amusement parks and theme parks. Prime Minister Hun Manet encouraged Dr. Tanjung and CT Corp to engage further with relevant Cambodian ministries and local business partners to capitalize on the investment potential in the country.

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