Cambodia Urges More Korean Investment in Textile Sector

Cambodia has asked South Korea to increase its investments in textile sector, especially in Phnom Penh capital.
The request was made by H.E. Khuong Sreng, Governor of Phnom Penh, in a meeting with Mr. Joo Nak-young, Mayor of Gyeongju city of the Republic of Korea, here in Phnom Penh on Oct. 18.
H.E. Khuong Sreng underlined that the Royal Government of Cambodia has provided favourable conditions for all foreign investors, including those from Korea.
From his end, Mr. Joo Nak-young pledged to encourage more Korean investors, particularly from Gyeongju city to invest in textile in Phnom Penh so as to further strengthen the good relations and cooperation between the two cities and countries.

Source: Agency Kampuchea Press