PM Hun Sen Announces Masterplan for New Economic Pole in Northwest Provinces

Cambodia Prime Minister Samdech Hun Sen has announced a master plan to establish a new economic pole based on “fish and rice” potential in Cambodia’s north western provinces.  

The announcement of a project to establish a “fish and rice economic pole” is in response to the Chinese president’s investment interest in agricultural and hydrological development in the Tonle Sap Lake area. 

Chinese President Xi Jinping praised the entry into force of the Cambodia-China Free Trade Agreement on 1 January which opens up the trade of agricultural products and fish between Cambodia and China. 

PM Hun Sen said that Cambodia already has three economic poles: Phnom Penh, Sihanoukville and the northeast pole. However, in response, to the Chinese President’s interest in agricultural and fish products, a new economic pole will be created in the Northwest region. 

Both parties also agreed to boost cooperation in promoting the production of electricity sources, especially green energy. 

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