China’s Muyuan Foods Co Ltd has been seeking investment opportunities in Cambodia’s agriculture sector.
The intention was revealed by a representative of Muyuan Foods when he was received by Youn Heng, Deputy Secretary General of the Cambodian Investment Board of the Council for the Development of Cambodia (CDC), at the CDC’s headquarters in Phnom Penh late last week.
Heng expressed a warm welcome to the Chinese delegation, and briefed them about the CDC’s background, the Royal Government’s incentives for all investments, and the subsequent development of physical infrastructure, as well as the peace and political stability enjoyed in the Kingdom.
The Chinese side thanked Heng for the detailed information and showed a strong will to invest in Cambodia. They said they would promote Cambodia to other Chinese investors under the theme “to invest in ASEAN, think of Cambodia first.” AKP