CDC, China EXIM Bank strengthen efforts to attract investment to Funan Techo Corridor

CDC, China EXIM Bank strengthen efforts to attract investment to Funan Techo Corridor The Council for the Development of Cambodia and China EXIM Bank agreed to host a joint forum to attract investment to the Funan Techo Economic Corridor. This decision followed talks between Deputy Prime Minister Sun Chanthol and bank Chairman Chen Huaiyu, who reaffirmed the institution's interest after reviewing project plans. Chanthol emphasized the corridor's role in boosting competitiveness and environmental protection, alongside an upcoming investment roadshow in China. Both sides pledged to deepen financial and infrastructure cooperation, reflecting expanding bilateral ties for the 172.6-kilometer project. (Source: Khmer Times)

Cambodian agricultural products expand presence in premium global markets Cambodian agricultural and agro-processed products are increasingly entering premium international markets, supported by government efforts to diversify exports and enhance processing capacities. The Ministry of Commerce's ""Made in Cambodia"" campaign, led by Prime Minister Hun Manet, has notably promoted rice, such as Amru Rice's Phka Malis, now sold in France's E.Leclerc and in U.S. Costco stores. Other processed products, like mangoes from Kirirom Food Production and Misota, have reached markets in Japan, Europe, and the U.S. Additionally, Cambodian cashew nuts and specialty products like Kampot Pepper are gaining international recognition, illustrating the country's shift towards high-value processing and branding in its agricultural sector. (Source: Khmer Times)

Ministry of Commerce engages Rachna Eco Energy to explore EV sector investment opportunities Commerce Minister Cham Nimul met with Oun Rachna, Director General of Rachna Eco Energy EV Automotive, to discuss the company's business progress and plans for expanding electric vehicles and clean energy in Cambodia. Nimul praised the government's efforts to improve the investment climate, streamline business processes, and support private sector growth. Rachna detailed the company's operations and its commitment to promoting electric vehicles, aligning with the government's focus on clean energy. Nimul reiterated the ministry's support for businesses and highlighted the importance of collaboration between the government and private sector in fostering investment and sustainable development in Cambodia's emerging EV industry. (Source: Khmer Times)