China’s Muyuan Foods Co., Ltd. has been seeking investment opportunities in the agriculture sector in Cambodia.
The intention was revealed by a representative of Muyuan Foods Co., Ltd. when he was received by H.E. 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.
H.E. Youn Heng expressed warm welcome to the Chinese delegation, and briefed them about the CDC’s background, the Royal Government’s incentives for all investments, and subsequent development of physical infrastructure as well as full peace and political stability in the Kingdom.
The Chinese side thanked H.E. Youn Heng for the detailed information, and showed strong will to invest in Cambodia with high trust. He was also confident to promote Cambodia to other Chinese investors that ‘to invest in ASEAN, think of Cambodia first.’
Source: Agence Kampuchea Presse