Osaka investors eye Cambodia

Sok Chan / Khmer Times No Comments Share:
Commerce Minister Mr Sorasak said the Osaka delegation could invest in the production of corn, rice, cassava and other crops. KT/Chor Sokunthea

A Japanese delegation from Osaka province has expressed its intention to invest in Cambodia’s agriculture sector, after its meeting with Commerce Minister Pan Sorasak.

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Kazuyuki Nui, vice president of the Osaka Prefectural Assembly and leader of the delegation, said the group hoped to introduce modern technology to Cambodia to help increase the country’s agricultural production and enable it to export either raw or processed products overseas.

Mr Nui said the delegation met Mr Sorasak last Friday and made it known that Osaka businessmen were interested in investing in Cambodia.

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“Osaka is a province of Japan which is famous for its agro-industrial technology. Investors in this province are very keen on Cambodia,” he added.

Mr Nui pointed out that Cambodia was still lagging behind in using up-to-date technology in its agriculture sector.

“There is a need to add value to the country’s agricultural exports in order for it to compete regionally and globally,” he said.

Commerce Minister Mr Sorasak said the Osaka delegation could invest in the production of corn, rice, cassava and other crops listed in the Cambodia Trade Integration Strategy.

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