Wuxi Capital Group Co., Ltd. of China is interested in investing in Cambodia, especially in the Preah Sihanouk province’s Special Economic Zone (SEZ).
Mr. Zhang Weimin, Vice President of the Board of Directors of Wuxi Capital Group Co., Ltd., unveiled the intention during a meeting with Mr. Long Dimanche, Deputy Governor of Preah Sihanouk province in Sihanoukville on Feb. 22.
He said that the Chinese firms will cooperate with Wuxi to invest in Cambodia’s SEZ, as Wuxi city and Jiangsu province have allied with Sihanoukville and Preah Sihanouk, respectively.
Mr. Long Dimanche welcomed the firm’s investment intention and appreciated China’s contribution to Cambodia’s investment in all sectors.
The deputy governor briefed his guest about Preah Sihanouk province’s investment potential, economic and geographic situation, vision of a deep-sea port, railway development plan, as well as the master plan to transform the province into a multi-purpose model special economic zone.
The province has been diversifying
its economy and is expected to become an international trade and logistics centre, an international multi-modal goods transport centre, an international financial centre, a luxurious tourism site, and a smart city in Cambodia.
Cambodian Prime Minister Samdech Moha Borvor Thipadei Hun Manet will launch a special programme to promote the province’s investment in 2024, he added.
Source: Agence Kampuchea Presse
HCM City: A programme connecting Lao and Cambodian students with their Vietnamese foster families has proven effective, contributing to consolidating friendship between the people of Vietnam, Laos, and Cambodia.
It was highlighted at a meeting held by the Ho Chi Minh City chapter of the Vietnam Fatherland Front (VFF) on February 23, which reviewed the city’s people-to-people and overseas Vietnamese (OV) diplomacy work.
Vice Chairman of the VFF’s municipal chapter Ngo Thanh Son reported that last year, the programme successfully matched 67 Vietnamese families with 91 Lao and 14 Cambodian students.
The chapter also held exchanges between the families of Lao and Cambodian students and their foster families, and advocated for financial support from the municipal Party Committee to aid 67 foster families, totaling 470 million VND (19,580 USD).
The Ho Chi Minh Communist Youth Union organised the Vietnam – Laos – Cambodia family festival while the municipal Women’s Union arranged trips to local relic sites and t
ourist landmarks for families of Lao and Cambodian students, along with presenting 70 traditional dresses to female students from both countries.
The meeting concluded with the municipal VFF chapter awarding certificates of merit to collectives who made outstanding contributions to people-to-people and OV diplomacy, particularly in the successful implementation of the programme in 2023./.
Source: Vietnam News Agency