The US Seeking To Invest In Transport Infrastructure In Cambodia

US investors are looking for investment opportunities in transport infrastructure in Cambodia, as the Royal Government of Cambodia said welcomes all foreign investors who wish to invest in the transport infrastructure in Cambodia.

In a meeting held on June 1 with HE Koy Sodany, Secretary of State for the Ministry of Public Works and Transport, Mr Moses An, Economic/Commercial Officer at US Ambassador fairs, explored the potential for infrastructure investment in​ Cambodia.

The meeting was aimed to discuss and seek investment and trade opportunities for US companies in current and future development projects of the Ministry of Public Works and Transport.

In the meeting, Mr Moses An expressed interest in the development of a number of sectors to contribute to the development of Cambodia.

The head of the Cambodian government said welcomes all investors who wish to invest in transport infrastructure and other sectors in Cambodia from other countries. The remarks were made at responding to alleged questions of Cambodia welcomes only Chinese investments;

More than 3,000 kilometres of roads and large-scaled bridges across the river have been built with Chinese financial assistance and Chinese-invested hydropower projects have played an important role in stabilizing Cambodia’s electricity supply, Samdech Techo Hun Sen, Prime Minister of Cambodia, said at the Forum on the Future of Asia on May 27. (Read more)

 

- Video Advertisement -

Related Post

Cambodia Eyes Potential to Expand World-class Integrated Resorts Market, with 87 Casinos Currently Operating

Cambodia is advancing plans to expand its casino industry by developing world-class integrated resorts (IRs) and implementing attractive tax policies to entice investors. The announcement was made on 10 December 2024 by Khim Oudam, Deputy Director of Licensing at Cambodia’s Commercial Gambling Management Commission (CGMC), during remarks to GGRAsia. The country’s gross gaming revenue (GGR) […]

Sixteenth U.S. Investment Firms Explore Cambodia’s Technology, Agro-Industry, and Education Sectors

In a major boost to Cambodia’s economic landscape, 16 leading U.S. investment companies are visiting Cambodia from 9 to 13 December 2024 to explore investment opportunities in technology, agro-industry, and education—sectors poised for significant growth. The delegation’s visit, marked by high-level meetings with government officials and business leaders, highlights Cambodia’s rising profile as an attractive […]

Hong Leong Manufacturing Group Plans Major Investment Expansion in Cambodia

Hong Leong Manufacturing Group (HLMG), a prominent multinational conglomerate, has announced plans to expand its investment footprint in Cambodia, targeting key sectors including real estate, automotive parts, and manufacturing. The announcement came following a meeting between Datuk Kwek Leng San, Chairman of HLMG, and Samdech Hun Manet, PM of Cambodia. During the discussion, Datuk Kwek […]

Vietnamese Investors Inject Over USD 557 Million into Cambodia in 11 Months of 2024

Vietnamese investors have poured an impressive USD 557 million into Cambodia during the first 11 months of 2024, positioning Vietnam as the third-largest source of foreign investment in the country. This milestone was announced by HE Chea Vuthy, Secretary General of the Cambodian Investment Board (CIB) at the Council for the Development of Cambodia (CDC), […]

Building Bridges for Investment: Henan Delegation Explores Opportunities in Cambodia’s Construction Sector

The Cambodia Constructors Association (CCA) welcomed a high-level delegation from the Henan and Design Industry Association on 28 November 2024, at Canadia Tower in Phnom Penh. This strategic meeting underscored Cambodia’s growing appeal as a foreign investment hub, focusing on collaboration in the construction and infrastructure sectors. Acting on behalf of Lok Neak Oknha Pung […]

Cambodian Government Commits to Rebuilding Boeung Chhouk Market in Battambang for Affected Traders

The Cambodian government has announced a comprehensive plan to reconstruct the Boeung Chhouk Market in Battambang, which was severely damaged in a fire on 3 November 2024, destroying nearly 150 stalls. PM Samdech Hun Manet confirmed the project during the inauguration ceremony of achievements in the Boeung Chhnuk Techo Win-Win Development Zone on 29 November […]