Cambodia urges Russian companies to invest in oil sector

Mines Ministry has urged Russian companies to invest in many potential sectors in Cambodia, especially the development of oil and electricity.

HE Sok Khavan, Secretary of State of the Ministry of Mines and Energy, made this request during the 1st Online Business Mission of Russian Companies to the Kingdom of Cambodia meeting last week.

During the meeting, he highlighted the background and achievements of the Russian companies, which have conducted geological research and oil mapping in Cambodia both inland and offshore.

Given the previous experiences and studies, HE Khavan has urged those firms as well as other firms to explore further by investing more in Cambodia.

Besides the energy and oil sectors, the virtual meeting also focused on key topics on exploring investment opportunities in information technology, cybersecurity, digital technology, and industry.

 

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