On the third day of his official visit to the Republic of Korea since May 15, Prime Minister Samdech Moha Borvor Thipadei Hun Manet met today with different Korean businessmen.
Samdech Thipadei Hun Manet held separate talks with Mr. Woo Jong Jeon, CEO of SK Securities; Mr. Park Sungjin, representative of SM Entertainment; Mr. Jihoon Lim, Chief of Strategy of Dunamu; Mr. Jung Wonju, Chairman of Daewoo EandC; Mr. Choi Yong-Sun, Chairman of Hanshin EandC; Mr. Joo-Bong Park, Chairman of Daejoo KC Group; Mr. Lee Joong Keun, Founder and Chairman of Booyoung Group; Mr. Yun Seog-dae, President and Chief Executive Officer of Korea Water Resource Corporation (K-Water) and President of Asia Water Council (AWC); Mr. Cho Hyungsang, Vice Chairman of Hyosung Group Ltd., and so on.
In the meetings, the companies briefed Samdech Thipadei Hun Manet on their respective activities, and expressed their interest to favourable investment environment in Cambodia and their intention to seek investment opportunities in the Kingdom’
s potentiel sectors.
Samdech Thipadei Hun Manet spoke highly of the Korean private investment companies, which have played an important role in contributing to the socio-economic development of Cambodia.
The Cambodian Premier welcomed their intention and recommended the companies to work with Cambodian relevant institutions to seek investment potential and opportunities in the Kingdom.
Addressing the opening ceremony of Cambodia-Korea Business Forum held in Seoul yesterday, the Cambodian Premier encouraged more Korean businessmen to start up their investment in Cambodia as the governments of both nations had agreed to jointly boost Korean investment in the Kingdom.
ROK is one of Cambodia’s largest trade and investment partners with a total bilateral trade volume of approximately US$751 million, ranking 11th in 2023. In addition, direct investment from the ROK totaled more than US$5 billion, ranking 9th in 2023.
Source: Agence Kampuchea Presse
