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Home / News

[Harbor Property] - Korean Investors to Expand Investment in Automotive and Related Activities

2024-01-10 Go to the website published Harbor Property
On January 9, 2024, His Excellency Suon Sophal, Deputy Secretary General of the Council for the Development of Cambodia (CDC), met with representatives of Camko Infracore in order to raise awareness about the investment expansion projects in the automotive sector and related activities in Cambodia. This is according to the Facebook page of the Council for the Development of Cambodia.During the meeting, the Deputy Secretary General thanked the company that expressed its interest in continuing to expand the production chain in Cambodia after a series of successful investment projects in the past. At the same time, the Deputy Secretary General also informed the company representative about the presence of the Korea Desk, which is the front-line mechanism for providing facilitation and providing private investment services with confidence and professionalism to Korean investors. In addition, the Deputy Secretary General highlighted the incentive package for qualified investment projects and the expansion of qualified investment projects under the investment regime of the Kingdom of Cambodia, focusing on local incentives, additional incentives, and special incentives. In addition, he took the opportunity to inspire the company representatives to take the initiative to examine the possibility of establishing a Cambodia-Korea Special Economic Zone in order to turn the site into an Industrial Cluster Complex that will serve the needs of related enterprises. In response, the counterpart expressed his gratitude to the Council for the Development of Cambodia for providing a warm and reliable consultation service. At the same time, the company representative promised to bring the contents of the above discussion to the management team of their company to be informed and to decide in principle before organizing a future courtesy visit to the Kingdom of Cambodia.
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