Commerce Minister: Cambodia is an open economy with great incentive policies

15 Feb 2017 / 03:00 AM


In the evening of 14th February, 2017, at the cocktail reception of Cambodia International Business Summit 2017 organized at the InterContinental Hotel, H.E. PAN Sorasak, Minister of Commerce, informed international and national businesspeople that Cambodia offers many competitive investment incentives to investors.

“Although Cambodia is a small economy, the Royal Government of Cambodia has a clear vision and been formulated a number of policies that provide the most competitive advantages compared to countries in the region,” said H.E. PAN Sorasak. “Both foreign and local investors are treated equally under our investment law”, he added.

H.E. Minister further mentioned that Cambodia’s young and dynamic work force together with abundant natural resources, pro-business government, strategic geographical location and preferential trading arrangements with major trading partners as well as countries in the region, Cambodia is one among the best places to invest and do business.”

In line with Cambodia’s Industrial Development Policy (IDP) 2015-2025, the Royal Government of Cambodia had defined a new strategic framework to diversify trade and economic growth of Cambodia. The IDP aims at sharping the kingdom’s competitiveness and decreasing dependence on traditional sectors such as garment, tourism and agriculture, while encouraging more foreign direct investment for value-added segments of agribusinesses, food processing, component assembly, and light manufacturing.

This year summit has provided investors and entrepreneurs an exciting opportunity to broaden business network with a relaxing and cordial atmosphere to discuss and explore potentials for investment as well as to conduct business matching in order to promote the investment in Cambodia and boost the national economy.

Love to share on

Related News

Preparation for the Bilateral Meeting between Cambodia and Belarus on 29-30 June 2017 in Minsk, Belarus. 22 Jun 2017 / 06:00 PM
ឯកឧត្តម ប៉ាន សូរស័ក្ដិ ដឹកនាំកិច្ចប្រជុំ នៃក្រុមការងារឃ្លាំមើលស្ថានភាព និងសន្ទស្សន៍ថ្លៃមុខទំនិញចាំបាច់ ដែលបម្រើឲ្យជីវភាពប្រចាំថ្ងៃ 22 Jun 2017 / 10:00 AM
ឯកឧត្តម សុខ សុភ័ក្ត្រ ទទួលជួបសម្តែងការគួរសម និងពិភាក្សាការងារជាមួយគណៈប្រតិភូសហគ្រិនចិន 22 Jun 2017 / 08:00 AM
Ministry of Commerce Support Investment Initiative by Japanese Companies in the Power Sector and other Industries 19 Jun 2017 / 05:00 PM
ក្រុមហ៊ុនចិនមានបំណងវិនិយោគលើវិស័យថាមពលស្អាត និងសាងសង់មន្ទីរពេទ្យដ៏ធំមួយនៅកម្ពុជា 19 Jun 2017 / 01:00 PM
លិខិតថ្វាយព្រះពរ សម្តេចព្រះមហាក្សត្រី នរោត្តម មុនិនាថ សីហនុ ព្រះវររាជមាតាជាតិខ្មែរក្នុងសេរីភាព សេចក្តីថ្លៃថ្នូរ និងសុភមង្គល ជាទីសក្ការៈដ៏ខ្ពង់ខ្ពស់បំផុត ក្នុងព្រះរាជពិធីចម្រើនព្រះជន្មគម្រប់ ៨១ យាង​ចូល ៨២ ព្រះវស្សា 17 Jun 2017 / 06:00 PM
ក្រសួងពាណិជ្ជកម្ម និងសហគមន៍ម្រេចអន្តរជាតិ រួមដៃគ្នាក្នុងការលើកស្ទួយផលិតផលម្រេចខ្មែរ 15 Jun 2017 / 04:00 PM
Inter-Ministerial Consultation Workshop on Barriers to Trade in Services in Cambodia 12 Jun 2017 / 02:00 PM
ឯកឧត្តម ប៉ាន សូរស័ក្តិ ដឹកនាំគណៈប្រតិភូកម្ពុជា អញ្ជើញចូលរួមកិច្ចប្រជុំថ្នាក់រដ្ឋមន្រ្តីពាណិជ្ជកម្ម នៅប្រទេសបារាំង 11 Jun 2017 / 06:00 PM
Commerce Minister attends the closing Cambodian product trade fair 29 May 2017 / 08:00 AM

Login > Company Search