A Large Indonesia Company Seeks Investment Opportunities in Health and Real Estate Sectors in Cambodia

Indonesia-based Lippo Group aims to explore investment opportunities in the health and real estate sectors in Cambodia.

This was stated by Mr. John Riady, CEO of the company, during a courtesy call and discussion with Samdech Thipadei Hun Manet, Prime Minister of Cambodia, on the occasion of attending the 2024 World Economic Forum Annual Meeting in Davos, Switzerland.

During the meeting, Mr. John Riady informed the prime minister that Lippo Group is operating in many countries in the region and around the world and focuses on real estate, retail, hospitality, health, education, media, telecommunications, digital, and financial.

He also expressed interest and intention to invest in the health and real estate sectors, focusing on providing quality health services at affordable prices and low-cost housing development in Cambodia.

In response, the Prime Minister said that based on the experience of the company as well as the similarities between the traditional culture and market style of Cambodia and Indonesia, the company will be able to better understand the opportunities of expanding the investment market in Cambodia.

In addition, the prime minister informed the Executive Director about the policy of the Royal Government of Cambodia, especially on the Pentagon Strategy, Phase 1, which focuses on building human resources with a focus on health, education, digital technology, and other priority sectors.

At the same time, Samdech Thipadei also encouraged Lippo Group to explore the possibility of seeking opportunities in cooperation with local investment companies to expand investment in other potential sectors in Cambodia.