WLCC Explores Investment Opportunities in Cambodia’s Construction & Real Estate Sectors

The World Lin Chamber of Commerce (WLCC) is investigating investment prospects in Cambodia’s priority sectors, particularly construction and real estate. This initiative was discussed during a meeting between Mr Tan Sri Dato Lim Soon Peng, President of the World Lin Chamber of Commerce, and PM Samdech Hun Manet on 28 May 2024.

Mr Tan Sri Dato Lim Soon Peng commended Cambodia’s development, highlighting the country’s peace and political stability, which fosters a favourable investment climate. He emphasised that the WLCC’s visit aims to delve deeper into Cambodia’s potential in construction, real estate, agriculture, green energy, health, and other sectors.

Furthermore, he announced that the Kolin World Chamber of Commerce will collaborate with the Kolin Chamber of Commerce in Cambodia to host a conference in November 2024. This event will attract 1,000 to 2,000 members and investors from the Kolin World Chamber of Commerce to explore and capitalise on investment opportunities in Cambodia.

In response, the PM expressed strong support for the upcoming conference and encouraged the World Lin Chamber of Commerce to continue collaborating with relevant Cambodian ministries and institutions. This partnership aims to enhance investment ties and stimulate growth in various sectors of the Cambodian economy.

This strategic initiative by the WLCC underscores the growing interest in Cambodia as a viable investment destination, promising significant advancements in infrastructure, commerce, and sustainable development.

- Video Advertisement -

Related Post

US Tech Giants Eye Cambodia’s Renewable Energy Potential

In an exciting development for Cambodia’s energy landscape, Ripple Inc., a prominent US fintech firm, is looking to forge a partnership in renewable energy. The company, known for its innovative financial solutions, has expressed a keen interest in establishing solar panel production in Cambodia, aiming to cater to the growing demand for clean energy in […]

Japan Grants USD 7.2 Million to Cambodia for Social and Economic Development

The Japanese government has extended a grant of 1,002 million yen, equivalent to USD 7.2 million, to support a range of social and economic development initiatives. The funding was formalised through the signing of the Exchange of Letters and related documents by H.E. Deputy Prime Minister Prak Sokhon, Minister of Foreign Affairs and International Cooperation, […]

Japanese Ship to Make Historic First Docking at Cambodia’s New Ream Port

Samdech Techo Hun Sen, President of the Senate of Cambodia, confirmed that a Japanese ship will be the first vessel to dock at the newly inaugurated Ream Port. This historic event underscores the growing cooperation between Cambodia and Japan, particularly in security and infrastructure development. The commitment was made during a meeting with HE Akiba […]

Cambodia Expands Diplomatic Horizons with New Embassies in Timor-Leste and Songkhla, Thailand

Cambodia has announced a major diplomatic expansion with the establishment of an embassy in Timor-Leste and a consulate general in Songkhla, Thailand, as formalised under Sub-Decree No. 240 and No. 241 issued on 22 October 2024, marking a strategic step in extending Cambodia’s international relations. The Embassy of the Kingdom of Cambodia in the Democratic […]

ADB Commits USD 403 Million to Catalyse Cambodia’s Development Across Six Strategic Sectors

The Asian Development Bank (ADB) has approved USD 403 million in loans and grants to support six transformative development projects in Cambodia, focusing on education, gender equality, business, water management, and rural development. This commitment, announced by ADB Country Director Ms Jyotsana Varma during a signing ceremony on 17 December 2024, aligns with the ADB’s […]

Chinese Investors Commit USD 2 Billion to Transform Kampong Speu Province

Chinese investors have pledged a transformative USD 2 billion investment into Kampong Speu Province, aiming to invigorate its economy, expand manufacturing capacity, and create approximately 30,000 job opportunities. This landmark announcement was made by HE Cheam Chansophoan, Governor of Kampong Speu, during a high-profile visit to Hong Kong on 21 December 2024. This significant financial […]