Cambodia and South Korea Strengthen Economic Ties to Foster a More Conducive Investment Climate

• 5 February 2026
• Local News
• 803 Views

Deputy Prime Minister Sun Chanthol encourages KOCHAM to identify large-scale projects and report operational challenges for proactive government support

The Council for the Development of Cambodia (CDC) and the Korean Chamber of Commerce in Cambodia (KOCHAM) have conducted a high-level dialogue aimed at deepening economic cooperation and refining the investment landscape within the Kingdom. The meeting, held on January 29, 2026, was presided over by His Excellency Sun Chanthol, Deputy Prime Minister and First Vice Chairman of the CDC, and a KOCHAM delegation led by Mr. Sungsoo Kim, CEO of Prime Microfinance Institution (Prime MFI).

The discussions centered on strengthening bilateral economic bonds and establishing proactive mechanisms to address investment hurdles while identifying emerging growth sectors. This initiative underscores the enduring economic partnership between Cambodia and the Republic of Korea and their shared commitment to creating a stable and profitable environment for international businesses.

During the session, His Excellency Sun Chanthol encouraged KOCHAM members and Korean enterprises to maintain an open line of communication with the government. He urged them to report any operational challenges or bureaucratic obstacles immediately, ensuring that the CDC can provide swift interventions and facilitate timely solutions to maintain business continuity.

In a strategic move to attract more high-value investments, the Deputy Prime Minister expressed Cambodia’s ambition to host a significantly larger number of South Korean investors. He specifically called upon KOCHAM to assist in identifying strategic investment opportunities tailored for major Korean conglomerates, reinforcing Cambodia’s position as a prime destination for large-scale industrial and technological development.

This collaborative effort highlights the government’s proactive approach to investment facilitation, focusing on transparency and responsiveness to ensure that South Korean businesses thrive and contribute to the Kingdom’s long-term economic prosperity. In an effort to attract more and more Korean investors to Cambodia, Cambodia has also announced the establishment of a trade center in Seoul. (Read more)

• Opportunity and Networking
• CDC
• Business network
• Investments
• KOCHAM