Cambodia, China to sign 6 more MoUs to enhance investment cooperation

Cambodia and China are expected to sign six more MoUs to enhance comprehensive investment cooperation.

The Council for the Development of Cambodia (CDC) and China’s ministry of commerce are expected to sign six more memoranda of understanding (MoUs) to enhance comprehensive investment cooperation that covers the promotion of investment in the digital sector, new types of industrialisation, green development and industrial development corridor building.

Both sides had signed an MoU earlier to set up a mechanism to strengthen investment and economic cooperation.

Economic and trade adviser with the Chinese embassy in Phnom Penh Zhong Jie recently told Chea Vuthy, secretary general of the CDC’s Cambodian Investment Board that she would help raise bilateral trade by encouraging Chinese investors to invest in all sectors in the country.

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