Japan’s foreign direct investment in Cambodia peaks $2.5 billion in last 15 years

Miyao Masahiro chief representative Japan External Trade Organisation 

Between 1994 and 2019, Cambodia welcomed 137 Japanese investment projects worth US$2.5 billion under the framework of Japan’s direct investment.

The update was provided by Bun Chanthy, Undersecretary of State at the Ministry of Commerce in a seminar on “Benefiting from Valuable Chain through MSME Links” here in Phnom Penh recently.

The investment projects, Bun Chanthy continued, focused on electronic parts, electricity, vehicle auto parts, technical equipment, agro-industry, processing food, hotels, tourism, hospitals, shopping malls and beyond.

There are also Japan’s 1,799 small and medium enterprises (SME) investing in areas such as banking, aviation, and catering, he added.

“Japanese businesses and investment in Cambodia are renowned for their quality. They add value to local goods, generate jobs and help improve the living standards of Cambodian workers, which is in line with the vision and mission of the Royal Government of Cambodia.

“The number of Japanese firms doing business in the Kingdom increases every year. Their decision to invest and expand their operations in the Kingdom signals strong confidence on the Cambodian government and in its investment environment,” Bun Chanthy was quoted as saying.(This news came from Khmertimes.com)