Japanese Companies Show Interest in Agriculture Investment in Cambodia

• 25 November 2024
• Local News
• 128 Views

Twenty-six Japanese companies are exploring investment opportunities in agriculture, food processing, and aquaculture in Cambodia. This development was highlighted during a recent meeting between Prime Minister Samdech Hun Manet and His Excellency Takahashi Fumiaki, President of the Japan-Cambodia Association, on November 19, 2024.

President Takahashi announced that the Association, which opened its office in Cambodia in April 2024, is collaborating with various ministries and institutions of the Royal Government to establish three vocational training schools focused on vehicle repair, makeup and beauty, and IT engineering. He emphasized the importance of these initiatives in promoting Cambodia’s investment potential, particularly for Japanese small and medium enterprises (SMEs).

During the meeting, the Japanese delegation expressed their commitment to ongoing cooperation with the Cambodian government in industry and human resource development. They confirmed the participation of 26 companies interested in investing in Cambodia’s agricultural sector.

Prime Minister Hun Manet congratulated the Japan-Cambodia Association on its establishment in Cambodia and welcomed the interest shown by Japanese companies. He highlighted that the Association’s efforts are aligned with the Royal Government of Cambodia’s strategic goals of fostering SME development and creating a robust production chain for domestic and export markets.

Furthermore, the Prime Minister encouraged the Association to engage with relevant ministries and institutions to devise a clear plan that addresses the actual needs of the industry and supports the country’s development goals.

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• Agriculture and Aquaculture Project