EAG Eyes Investment in Cambodian Industrial Parks

• 13 February 2025
• Local News
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The Philippines’ Excellent Associates Group Limited (EAG) has announced plans to explore investment opportunities in Cambodia, particularly in the establishment of industrial parks. This development came to light during a productive meeting held between EAG President Dai Jianlaing and Cambodian Prime Minister Hun Sen.

During the meeting, President Dai expressed EAG’s keen interest in not only developing industrial parks but also in expanding into agro-industrial projects in Cambodia. Specifically, Dai highlighted the company’s intentions to invest in the processing and exporting of high-quality Cambodian rice to key markets, including Hong Kong and China. This interest is bolstered by Cambodia’s reputation for producing premium rice, which has consistently ranked well in quality assessments over the years.

Responding positively, Prime Minister Hun Sen extended his support for EAG’s investment aspirations, emphasizing the Cambodian government’s commitment to fostering an inviting investment climate. He highlighted the introduction of various policies and incentives designed to facilitate the establishment of special economic zones, aimed at attracting foreign investment.

Furthermore, the Prime Minister encouraged EAG and other potential investors to consider contributing to the agro-industry by investing in the production of additional agricultural goods and essential inputs such as natural and chemical fertilizers. He noted the importance of enhancing the agricultural production chain to meet both local and export demands.

As Cambodia continues to position itself as an attractive destination for investment, EAG’s interest could mark a significant step towards bolstering the country’s industrial and agro-industrial sectors. The government remains optimistic about creating a conducive environment that will encourage similar investments, contributing to sustainable economic growth in the region.

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