Logo of Phnom Penh Post newspaper Phnom Penh Post - Investment: Govt signs agreements with China

Investment: Govt signs agreements with China

Investment: Govt signs agreements with China

Investment
Chinese Vice Premier Hui Liangyu signed three memorandums of understanding with Deputy Prime Minister Sok An on Thursday as he began a three-day visit to the Kingdom. Ek Tha, deputy director of the Council of Ministers’ press department, said Hui pledged to encourage investors to visit and focus more on Cambodia. “The signings today between the Chinese and Cambodian governments are another step in strengthening the two countries’ cooperation in all fields,” he said. Huawei Technologies, China’s largest private hi-tech enterprise, signed a cooperation agreement with the Ministry of Posts and Telecommunications and Cambodian mobile-phone operator CamGSM, Ek Tha said. Hui is slated to leave on Friday.

MOST VIEWED

  • Proof giants walked among us humans?

    For years a debate has waged about whether certain bas relief carvings at the 12th-century To Prohm Temple, one of the most popular attractions at the Angkor Wat Temple Complex in Siem Reap province, depicted dinosaurs or some rather less exotic and more contemporary animal,

  • Japan bank buys major stake in ANZ Royal Bank

    Japan's largest bank acquired more than half of ANZ’s shares in Cambodia on Thursday, according to a statement from Kith Meng’s Royal Group. Japan's JTrust Bank, announced that they had acquired a 55% of stake in ANZ Royal Bank. According to a Royal Group

  • Long way to go before Cambodia gets a ‘smart city’

    Phnom Penh, Siem Reap and Battambang will struggle to attain smart city status without adopting far reaching master plans, according to officials tasked with implementing the program. The brainchild of the Association of Southeast Asian Nations (Asean), the smart city program seeks to link up

  • China-Cambodia tourism forum held

    The Cambodian tourism sector must be prepared to welcome a growing number of Chinese tourists, as they lead the globe in the number of outbound travellers and were responsible for the most visitors to the Kingdom last year, the country’s tourism minister said on