China Minsheng Stone Aims to Invest in Artificial Marble Processing in Cambodia

China Minsheng Stone Industry Group aims to invest in artificial marble processing in Cambodia. This significant development was discussed during a meeting between HE Chea Wutty, Secretary General of the Council for the Development of Cambodia, and Mr. Mai Jianglong, Vice President of China Minsheng Stone Industry Group.

During the meeting, HE Chea Wutty warmly welcomed the company’s investment initiative, highlighting the favorable investment climate in Cambodia. He shared insights on the various incentives and support measures the Royal Government offers, which aim to enhance the business environment and attract foreign investment.

Secretary General Chea Wutty emphasized the importance of making swift investment decisions to capitalize on potential profits and encouraged the company to utilize local raw materials wherever possible. This approach would contribute to the value chain and support Cambodia’s local economy.

Currently, Cambodia is home to 68 companies engaged in the marble sector, managing a total of 90 projects across 11 provinces. Kratie province is a significant player in this industry, hosting 22 companies dedicated to marble processing, encompassing approximately 2,065 hectares of operational area. (Read more)

This investment by China Minsheng Stone marks an important step forward for the marble industry in Cambodia and is expected to bolster the country’s economic development further.

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