Cambodia is gaining traction with top Hong Kong business executives scheduled to join the city leader’s trip to the country as they look forward to more “aggressive” preferential policies from the country’s new Western-educated leader.
The financial hub’s business sector said on Monday it hoped a fresh direction under new Prime Minister Hun Manet would make the country a viable alternative manufacturing base to neighbouring Vietnam.
Lo Kam-wing, the president of the Chinese Manufacturers’ Association of Hong Kong and a delegation member, said he was keen to find out more about Cambodia and Laos as Vietnam has been a favourite destination for manufacturers that have moved production from mainland China.
