Cambodia wants more Chinese investors in agriculture, agro-industry, solar energy, says official

Cambodia wants more Chinese investors in agriculture, agro-industry, solar energy, says official

Cambodia was keen to see more Chinese investors in the areas of agriculture, agro-industry, and solar energy, an investment promotion chief said on Friday.

Chea Vuthy, secretary general of the Cambodian Investment Board at the Council for the Development of Cambodia, made the remarks during a meeting with a business delegation from east China’s Zhejiang province.

He said the Southeast Asian country “has vast room for investment in cashew nut processing factories,” noting that the cashew nut sector was a potential sector for investment.

Cambodia produced a total of 850,000 tonnes of raw cashew nuts in 2024, and 815,000 tonnes, or 95.8 percent of them, were exported without processing, according to the Cashew Nut Association of Cambodia.

The Kingdom earned $1.15 billion from the exports of raw cashew nuts last year, the CAC said.

For the solar power, Vuthy said the Kingdom welcomed any Chinese companies who wished to invest in manufacturing solar light and vehicle batteries.

China currently is the top foreign investor in Cambodia.

khmertimeskh