Compass Real Estate > Cambodia Real Estate Information > China has opened a law office in Cambodia to encourage increased investment from its home country

China has opened a law office in Cambodia to encourage increased investment from its home country

2019-05-10
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Summary:A major legal and legal counseling unit in China has decided to open an office in Cambodia to boost inflows of investment from the country to Cambodia as the two governments set out a new plan. Take advantage of a belt road policy.

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The lawyer's office, Baqian (Cambodia) Counsulting, was unveiled in Phnom Penh on December 25 with Chinese investors from Yunnan province.

At the launching ceremony, the office also signed a strategic cooperation agreement with four Chinese companies investing in Cambodia.

BAQIAN (Cambodia) is a subsidiary of Baqian Law Group of Yunnan Province, specializing in legal services. Efficient and timely for local and international enterprises.

"The establishment of the law office in Cambodia is based on a road initiative, a belt, and in accordance with China's policies and President Xi Jinping," he said.

"The purpose of this legal investment is to meet the needs of Chinese people in Cambodia and abroad, as well as to both Cambodian and international citizens, to receive mutual counseling services. Promising to take advantage of its longstanding legal experience, providing excellent services and The high-efficiency to all his customers.

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"Cambodia-China is like the head and tail of the Mekong," said Cao Yunte, chairman of the company's board of directors at Khmer Holdings Group. "Kunming and Phnom Penh are the two main ports for developing the belt of the Mekong River. Welcome to Baqian Law Group, which has come to invest in Cambodia. Here we need legal experts to help us cooperate and cooperate. Economic exchanges between the two countries.

According to the report of the Council for the Development of Cambodia by the end of April 2018, direct investment from China to Cambodia amounted to over US $ 17 billion to sectors such as construction, agriculture, energy, industry Banking and finance sectors, telecommunications and tourism.

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