According to Cambodian media, Samheng Bora, Secretary of State at Cambodia’s Ministry of Commerce and chair of its export promotion working group, recently led a delegation to Weifang and Linyi in China’s Shandong province, encouraging well-known large Chinese companies to establish factories in Cambodia and explore cooperation opportunities.
The delegation held discussions and inspected production lines at four major companies: textile manufacturer Sunvim Group Co., Ltd.; garment company Sinoer Menswear Co., Ltd.; grain-and-oil producer Shandong Jinsheng Grain and Oil Food Co., Ltd.; and Shandong Yuhuang Grain and Oil Food Co., Ltd.
Samheng Bora said Cambodia’s workforce, policy incentives and access to export markets meant that Chinese factories in the country could help improve the quality of processed Cambodian products and their access to international markets. He urged the companies to seize the opportunity to study Cambodia’s investment environment in depth.
In response, Sunvim Group pledged to send another team to Cambodia to study investment regulations, labour conditions and related policies in detail. The company had already undertaken a preliminary assessment there. Well-known menswear manufacturer Sinoer Menswear also expressed an interest in visiting Cambodia to explore factory investment opportunities and export its products to more overseas markets.
The initiative is seen as a new opportunity to advance China–Cambodia trade and economic cooperation and is expected to support Cambodia’s industrial upgrading and export growth.
Compiled by this station
