PM Proposes Transformative Partnership: Japan-Cambodia Industrial Park for Logistics Advancement

In a strategic move to propel Cambodia’s logistics sector, Samdech Prime Minister Hun Manet has extended an invitation to Japan for the establishment of a collaborative industrial park. The proposal came to light during a significant meeting between Samdech PM Hun Manet and Ambassador Ueno Atsushi of Japan on 7 December 2023.

Japan, showcasing a commitment to fortifying its collaboration with Cambodia, expressed a willingness to expand support across various sectors, including investment, connectivity, technology, education, vocational training, security, and defense.

Samdech PM, endorsing the strengthening economic ties between the two nations, urged Japan to foster increased investment from small and medium enterprises (SMEs) in Cambodia. Furthermore, he advocated for the exploration of a joint venture – the Cambodia-Japan Industrial Park – and sought Japan’s assistance in developing a comprehensive logistics master plan. The focus is particularly on the transformation of the Sihanoukville Autonomous Port into a pivotal gateway for the region.

As a testament to Japan’s commitment to SME promotion, plans are underway to establish an office in Phnom Penh, dedicated to fostering the growth of small and medium enterprises in Cambodia. (Read more)

- Video Advertisement -

Related Post

Four Companies Submit Proposals to Redevelop Block A in Cambodia

The Ministry of Mines and Energy has announced that nine companies have shown interest in redeveloping Block A, with four of them officially submitting proposals for oil exploration. The other five companies have yet to file formal development applications. According to a report released after the recent annual conference, the four companies that have submitted […]

Cambodia Inaugurates New National Assembly Administration Building with Vietnamese Support

Cambodia has officially inaugurated a state-of-the-art National Assembly administration building, thanks to a generous aid package of $25 million from Vietnam. The inauguration ceremony took place on November 21, 2024, with prominent figures in attendance, including Samdech Khuon Sodary, President of the National Assembly, and His Excellency Tran Thanh Man, President of the National Assembly […]

Brunei’s Khazanah Nasional Targets Multi-Sector Infrastructure Investment in Cambodia

Khazanah Nasional Berhad, a leading investment firm from Brunei Darussalam, has announced plans to explore infrastructure investment opportunities in Cambodia, focusing on health, water resources, transport infrastructure (including railways and airports), and banking. This initiative was discussed during a meeting between PM Hun Manet and Khazanah’s CEO, Mr. Dato Khairul Hamed, on 19 November 2024. […]

Chinese Firm Proposes Oxygen Supply Systems and Nursing Homes in Cambodia

Henan Taiyi Medical Technology Co., Ltd., a prominent Chinese medical equipment manufacturer, has unveiled plans to collaborate with Cambodia’s Ministry of Health to install oxygen supply systems in public hospitals and establish nursing homes nationwide. The proposal, aimed at strengthening the country’s healthcare infrastructure, was discussed during a meeting on 18 November 2024 between His […]

Japan Invests Over USD40 Million in Cambodia, Enhancing Economic Partnerships in 2024

Japan has invested over USD40 million in Cambodia during the first ten months of 2024, reaffirming its position as the seventh-largest investor in the country. This development was highlighted in a report by the Council for the Development of Cambodia, released on 19 November 2024. To further strengthen bilateral economic ties, the Cambodian Duke Association […]

Chinese Investor Zhongjiao Tongli Expands Agricultural Ventures in Ratanakkiri and Mondulkiri

China’s Zhongjiao Tongli has announced plans to invest in large-scale cultivation of bananas and mangoes across Cambodia’s northeastern provinces of Ratanakkiri and Mondulkiri, signalling a significant boost for the nation’s agricultural sector. The announcement followed a meeting between PM Hun Manet and Mr. Zhongdi Sun, President of Zhongjiao Tongli, on 6 November 2024, in Kunming, […]