Chinese Investment in Cambodian Flower Industry

• 3 December 2024
• Local News
• 354 Views

A promising development has emerged in the agricultural sector of Cambodia, as a company from Yunnan Province, China, has expressed keen interest in investing in flower cultivation and supply within the country. This dialogue was initiated during a recent meeting with the Council for the Development of Cambodia, aimed at fostering cooperation in this burgeoning sector.

On November 27, 2024, Mr. Suon Sophal, Deputy Secretary-General of the Cambodian Investment Committee, engaged with a Chinese delegation led by Mr. Li Song, Governor of Jinning District, Yunnan Province. The meeting included representatives from various companies, signalling a collective interest in enhancing flower cultivation practices and supply chains in Cambodia.

The discussions centred around the objectives of the Chinese investment, exploring ways to bolster collaboration and promote further Chinese investments in the Cambodian market. Jinning District, recognized as a key agricultural hub in China, specializes in flower cultivation and has established a reputation for exporting flowers to international markets.

In a broader context, Cambodia’s investment landscape has been thriving. From January to October 2024, the Cambodian Investment Committee approved 346 investment projects with a total capital of approximately $5.5 billion, marking a 38% increase compared to the same timeframe in 2023. Notably, China has emerged as the second-largest source of investment, contributing a substantial 42.64% of total investment capital. (Read more)

As the flower industry begins to bloom, this partnership could significantly enhance agricultural practices in Cambodia, creating opportunities for economic growth and international collaboration in the sector. Stay tuned for further updates on this developing story.

• Investment and Funding
• Agriculture and Aquaculture Project