Cambodian government providing all necessary support of investments in Kingdom

“The Royal Government has been providing all necessary support to make investment in Cambodia easier, more favourable and successful,” said Lt Gen Hun Manet.

While speaking at the inauguration of a new factory in Phnom Penh Special Economic Zone yesterday, Hun Manet confirmed that the government is supportive of attracting and making investments successful.

The Lieutenant General said, “Over the past two years, Cambodia has invested heavily in the backbone physical infrastructure, including the new international airports in Phnom Penh and Siem Reap, improving infrastructure throughout Siem Reap and in Sihanoukville, construction of a deep-water container port aimed at eliminating water depth barriers and serving large ships from the United States and Europe directly into Cambodia, construction of an expressway connecting Phnom Penh to a deep-sea port…As well as investment in information technology and digital.”

Manet further stated that part of the vision of contributing to poverty reduction is the creation of more jobs. To boost job creation there are three main tasks to be completed:

The amount of job opportunities that extend from urban to rural areas must be in line with the favourable potential of each location;

Improving the quality of business and investment in Cambodia through the development of a clear and long-term strategy for on-site development by providing opportunities for workers to receive good salaries and protect the rights and freedoms, care for the welfare of workers and Importation modern technology, as well as new standard work procedures.

Source: KhmerTimes

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