Logo of Phnom Penh Post newspaper Phnom Penh Post - Tokyo FM is upbeat



Tokyo FM is upbeat

Tokyo FM is upbeat

C AMBODIA is making good progress on the economic front while its political leadership is more confident after a year in office, former Japanese foreign minister Michio Watanabe said on Oct 16, at the end of a three-day official visit.

"I have been very, very happy to be here. I have the impression that Cambodia had made much progress in economic reconstruction," Watanabe told Reuters. in a weekend interview.

Watanabe said if Cambodia could demonstrate continuing political stability and renew its shattered infrastructure, he was confident Japanese investors would view the country favorably.

"The wages are not very high so if the infrastructure could be reconstructed in Cambodia, I think that there are possibilities that Japanese investors will come," he said. He added he was encouraged to see the leaders of the two main political parties had established a good working relationship.

"In July there was a coup d'état, but the government succeeded in resolving this coup attempt," Watanabe said.

He noted that Cambodia was not a resource-rich country and said he thought the Japanese government would possibly increase its aid allocation to Cambodia.

Japan is the single biggest aid donor to Cambodia.

MOST VIEWED

  • Phnom Penh placed in two-week lockdown

    The government has decided to place Phnom Penh in lockdown for two weeks, effective April 14 midnight through April 28, as Cambodia continues to grapple with the ongoing community outbreak of Covid-19, which has seen no sign of subsiding. According to a directive signed by Prime Minister

  • Cambodia on the verge of national tragedy, WHO warns

    The World Health Organisation (WHO) in Cambodia warned that the country had reached another critical point amid a sudden, huge surge in community transmission cases and deaths. “We stand on the brink of a national tragedy because of Covid-19. Despite our best efforts, we are

  • Hun Sen: Stay where you are, or else

    Prime Minister Hun Sen warned that the two-week lockdown of Phnom Penh and adjacent Kandal provincial town Takmao could be extended if people are not cooperative by staying home. “Now let me make this clear: stay in your home, village, and district and remain where

  • Businesses in capital told to get travel permit amid lockdown through One Window Service

    The Phnom Penh Municipal Administration has issued guidelines on how to get travel permission for priority groups during the lockdown of Phnom Penh, directing private institutions to apply through the municipality's One Window Service and limit their staff to a mere two per cent. In

  • Vaccination open to foreigners in Cambodia

    The Ministry of Health on April 8 issued an announcement on Covid-19 vaccination for foreigners residing and working in Cambodia, directing the Ministry of Labour and Vocational Training and local authorities to register them. Health minister Mam Bun Heng, who is also head of the inter-ministerial

  • Ministry names types of business permitted amid lockdown

    The Ministry of Labour and Vocational Training singled out 11 types of business that are permitted to operate during the lockdown of Phnom Penh and Takmao town, which run through April 28. Those include (1) food-processing enterprises and slaughterhouses; (2) providers of public services such as firefighting, utility and