The Chairman of Hong Leong Manufacturing Group from Malaysia has expressed his intention to expand investment in Cambodia’s potential sectors.
Mr. DATUK KWEK LENG SAN, the Chairman of Hong Leong Manufacturing Group spoke of his company’s intention at a meeting in Phnom Penh on Thursday November 28 with the Prime Minister of Cambodia, Samdech Thipadei Hun Manet. He briefed Samdech Thipadei Prime Minister on the company’s business operations, which specialize in finance, real estate, manufacturing and technology.
Samdech Thipadei Prime Minister expressed his satisfaction with the company’s business progress and welcomed the company’s intention to expand its investment in Cambodia.
He outlined Cambodia’s investment policy, stressing that Cambodia ensures a stable, competitive investment climate and has an attractive and open investment legal framework for investors, with many incentives for the private sector.
He added that investment in Cambodia has been not only for the Cambodian market, but also for the regional and global markets through the mechanisms of Cambodia’s free trade agreements with countries in the region, both bilaterally and multilaterally.
He also encouraged the company to study the possibility of investing in the production of automotive parts for the domestic market and for export to regional and global markets, and the Royal Government stands ready to support and facilitate the success of all companies that are investing in Cambodia. The Hong Leong Manufacturing Group operates in several countries, including China, Hong Kong, the United Kingdom, ASEAN countries and Europe.
In Cambodia the company operates in the banking sector.
By Pheara!