Phnom Penh: LipCo Foods, a leading Polish multifood group, has explored potential investment opportunities in Cambodia in food processing. Visiting Mr. C©sar Lipka, CEO of LipCo Foods, paid here on Jan. 27 a courtesy call on H.E. Sun Chanthol, Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia (CDC).
According to Agence Kampuchea Presse, in the meeting, Mr. Lipka briefed H.E. Sun Chanthol on the company’s successful experience in food processing to supply the European market, highlighting Poland’s geography, which is rich in natural resources and large-scale agricultural products such as pig farming and apple growing. He presented his company’s plan to establish a food processing plant in Cambodia to supply the regional market.
Given the high attention of the Royal Government of Cambodia (RGC) to trade and investment from the private sector, as well as Cambodia’s potential, Mr. Lipka expressed optimism and his intention to accelerate his investment plan in Cambodia soon. H.E. Sun Chanthol welcomed the company’s business plan and stated the RGC’s commitment to enhancing the investment environment in order to attract more investment.
The Cambodian Deputy Prime Minister highlighted the RGC’s efforts in continuously developing and building infrastructure, which is an important factor in promoting trade and private sector investment to be more efficient and effective.