The Council for the Development of Cambodia (CDC) has approved 149 Japanese investment projects with a total investment capital of about US$2.9 billion as of August 2022.
The figures were presented at the 24th Meeting of the Cambodia-Japan Joint Committee held on Sept. 7, under the chairmanship of H.E. Sok Chenda Sophea, Minister Attached to the Prime Minister, Secretary-General of CDC, and H.E. MIKAMI Masahiro, Japanese Ambassador to Cambodia with the participation of representatives of JETRO, JICA, JBAC and Japanese companies operating in Cambodia.
In the meeting, H.E. Sok Chenda Sophea highly appreciated the investment activities of all Japanese investors who always trust the Cambodian government which has ensured peace, political and economic stability, a key factor to create the favorable investment environment.
For his part, the Japanese ambassador expressed his appreciation to the relevant ministries and institutions for their responsible efforts, coordination and response to the concerns of Japanese investors, which underscores the Cambodian government’s strong attention to maintain and provide warmth to every investor.
H.E. MIKAMI Masahiro also appreciated the Royal Government of Cambodia for creating a better investment environment in all areas, and expressed the commitment of Japanese investors to continue to invest more to contribute to the recovery of the Cambodian economy after the COVID-19 crisis.
Source: Agency Kampuchea Press