Cambodia News Gazette

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Temasek Holdings: Cambodia, a Key Investment Destination in ASEAN


Leading Singaporean firm Temasek Holdings sees Cambodia as key investment destination in ASEAN and is willing to expand its investment in the Kingdom on digital technology, renewable energy and other important sectors.

The remarks were made by Mr. Lim Boon Heng, Chairman of Temasek Holdings, while paying a courtesy visit to Cambodian Prime Minister Samdech Moha Borvor Thipadei Hun Manet on Jan. 17, on the sidelines of the World Economic Forum Annual Meeting 2024 in Davos, Switzerland.

Samdech Thipadei Hun Manet welcomed the Singapore-based firm, underlining that the policy of the 7th-mandate Royal Government is to create a strong supportive environment for sustainable investment in all sectors in Cambodia, and the Kingdom is open to investors from all countries.

In addition, the Royal Government of Cambodia has introduced new legal frameworks, norms and mechanisms to boost, protect and encourage foreign investors, he said, mentioning the investment in the establishment of special economic zones and indust
rial parks, focusing on the specific industry of each country.

Temasek Holdings, a global investment company owned by the Government of Singapore, has been doing business in many countries in the region and the world, focusing on finance, transportation, telecommunications, technology and advertising, and real estate.

Source: Agence Kampuchea Presse