Arabic Firm DP World Explores Investment Opportunities in Cambodia’s Transport and Industrial Sectors

• 26 November 2024
• Local News
• 128 Views

DP World, a global leader in logistics and transport based in the UAE, has expressed strong interest in investing in Cambodia’s transport infrastructure and industrial park development, marking a pivotal step for the Kingdom’s economic future. The announcement came during a meeting between PM Hun Manet and His Excellency Sultan Ahmed Bin Sulayem, Chairman of DP World, on 20 November 2024.

Chairman Sulayem underscored DP World’s expertise in ports, logistics, and supply chain technology, highlighting the company’s operations across ASEAN and beyond. He cited Cambodia’s strategic location within ASEAN as a compelling reason for exploring investment opportunities in the region.

PM Hun Sen welcomed DP World’s interest and reiterated the importance of enhancing Cambodia’s transport and logistics infrastructure for long-term growth. He emphasised that Cambodia’s connectivity to regional and global markets—facilitated by free trade agreements like the Cambodia-UAE Comprehensive Economic Partnership Agreement—offers significant advantages for foreign investors.

The PM encouraged DP World to collaborate with relevant Cambodian ministries and institutions to explore opportunities in logistics, supply chain development, and industrial parks. These sectors, he noted, are critical to boosting Cambodia’s economic resilience and global competitiveness.

DP World’s potential involvement could bring modern infrastructure, advanced technologies, and global expertise to Cambodia, reinforcing the nation’s aspirations to become a regional hub for transport and industrial activity.

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