Economy: Hong Leong Group sees greater investment potential in Cambodia

Cambodian Prime Minister Hun Manet received a courtesy call from Datuk Kwek Leng San, Chairman of Hong Leong Manufacturing Group, at the Peace Palace on Thursday.

During the meeting, the Chairman briefed Samdech Thipadei on the business activities of the company, which specialises in finance, property, manufacturing and technology

The company also operates in various countries including China, Hong Kong, the UK, ASEAN and Europe.

He noted that in Cambodia, the company is active in the banking sector. Reflecting on more than a decade of operations in the country, the chairman emphasised the company's recognition of Cambodia's investment potential and its willingness to further expand its investments.

In response, Samdech Thipadei expressed his satisfaction with the company's progress and welcomed its intention to increase investment in Cambodia. The Prime Minister highlighted Cambodia's investment policies, highlighting the country's stable, competitive investment climate and its attractive, open legal framework for investors, including incentives for the private sector.

Samdech Thipadei also noted that investment in Cambodia is not only for the local market, but also provides access to regional and global markets through Cambodia's bilateral and multilateral free trade agreements. Prime Minister Hun Manet encouraged companies to invest in the production of vehicle parts for the domestic market and for export to regional and international markets. The Royal Government is ready to support and facilitate the success of investors in the Kingdom.