Top US Companies Eye Investment Opportunities in Cambodia, with SpaceX – Starlink Leading the Charge

A delegation from SpaceX – Starlink, a prominent American telecommunications provider, is currently in Cambodia to explore potential investment opportunities. During a recent meeting, Ms. Rebecca Hunter, Marketing Director of SpaceX – Starlink, discussed the company’s plans with Prime Minister Hun Manet and His Excellency Sun Chanthol, the First Vice Chairman of the Council for the Development of Cambodia (CDC).

The discussions took place on February 20, 2025, when Ms. Hunter underscored Cambodia as a high-priority target for SpaceX’s investments in the coming years. She emphasized the importance of fostering strong relationships with the Royal Government of Cambodia and expressed the company’s goal of understanding the local investment climate to facilitate technological modernization.

In response, Cambodian officials expressed their warm welcome to foreign companies seeking to invest in the nation, reinforcing their commitment to nurturing international relationships. The President highlighted the government’s proactive policies aimed at advancing the technology sector in response to the rapid pace of technological development worldwide.

The engagement follows a previous visit by His Excellency Sun Chanthol on September 24, 2024, to SpaceX’s headquarters in Hawthorne, California. This visit aimed to gain insights into advanced technologies, satellite operations, and innovative practices to improve work efficiency through SpaceX’s cutting-edge solutions.

As discussions continue, there is optimism about the potential for significant investment and collaboration between SpaceX – Starlink and the Royal Government of Cambodia, marking a prominent step towards enhancing the nation’s technological landscape.

- Video Advertisement -

Related Post

BYD to Establish Vehicle Assembly Plant in Sihanoukville Economic Zone

In a significant boost to Cambodia’s automotive industry, BYD, China’s leading electric car manufacturer, has announced plans to establish a vehicle assembly plant within the Sihanoukville Special Economic Zone. The project, which involves an investment of USD 32 million, is expected to create over 200 jobs and contribute to the local economy. The assembly plant […]

China & Cambodia Forge Tech Partnerships for Economic Growth

In a significant step towards technological collaboration, China is eager to connect its thriving internet technology sector with Cambodian enterprises, aiming to enhance knowledge transfer and foster strong partnerships. This initiative was highlighted during a recent meeting between HE Hem Vandy, Cambodia’s Minister of Industry, Science, Technology and Innovation, and Mr. Yu Junfang, President of […]

Q&A: Driving Innovation for Integrating AI and Sustainability in Transportation Solutions for a Greener Future

In the last decade, there has been a significant focus on digital technology and artificial intelligence worldwide. Bentley Systems, a leading company in infrastructure engineering software, recently held the 2024 Year in Infrastructure and Going Digital Awards in Vancouver, Canada. This event brought together prominent industry leaders and users from around the globe to discuss […]

ADATA Technology Eyes Electric Car Factory Investment in Cambodia

In a significant development for Cambodia’s green industry, well-known Taiwanese tech company ADATA Technology Co., Ltd. is exploring opportunities to invest in an electric vehicle manufacturing plant in the country. During a meeting held on 2 January 2024, HE Dr Eang Sophalleth, the Minister of Environment, welcomed Mr. Simon Chen, CEO of ADATA Technology. The […]

Cambodia Launches Innovative Digital Platform to Register Informal Economy Businesses

In a landmark move to support its informal economy, the Cambodian government, led by PM Hun Manet, officially launched a digital registration platform on 16 December 2024. This initiative aims to register informal economy businesses, providing them with formal recognition and support while enhancing awareness of their contributions to the national and family economy. The […]

Thailand Secures USD 500 Million Data Centre Investment, Ready to Compete with Indonesia & other Asian Powerhouses

Thailand has solidified its position as a rising data center hub with a landmark real estate transaction facilitated by JLL Thailand. The deal secures prime land on Bangna-Trat Road for one of the world’s largest digital infrastructure companies, paving the way for a USD 500 million investment, according to RetalkAsia dated 23 November 2024. This […]