Phnom Penh (FN), May 9 – Cambodian Prime Minister Hun Manet stated that in the first four months of 2024, the Royal Government of Cambodia approved 128 new investment and expansion projects with a total investment of more than USD 2.5 billion, which will create more than 130,000 jobs.

The premier spoke on Thursday (May 9) during an inauguration of Cambodia Confederation of Investors Association (CCIA) at Diamond Island Convention and Exhibition Centre.

The premier added that these investment projects are the result of collaboration between the Royal Government and the private sector to collectively attract investors to Cambodia.

According to Samdech Thipadei Hun Manet, he had just signed the agreement on 14 investment projects valued at USD 480 million earlier today.

Samdech Thipadei underlined, "This is what we have worked together to promote Cambodia, to foster trust among investors—both established and new. It stands as a tangible result achieved by the Royal Government for the people in the past eight months.”

On the occasion, Samdech Thipadei added that Cambodia's investment strategy employs a dual approach: retaining existing investments while also cultivating new ones. Alongside efforts to attract fresh investments into Cambodia, the Royal Government has taken proactive measures to support and enhance the capabilities of current investments, ensuring their continued success and expansion.
=FRESH NEWS