The Council for the Development of Cambodia (CDC) has approved 149 Japanese investment projects with a total investment capital of about USD 2.9 billion last month.

The figures were presented at the 24th Meeting of the Cambodia-Japan Joint Committee held early this month, under the chairmanship of Sok Chenda Sophea, Minister attached to the Prime Minister, Secretary-General of CDC, and Mikami Masahiro, Japanese Ambassador to Cambodia with the participation of representatives of JETRO, JICA, JBAC and Japanese companies operating in Cambodia.

During meeting, Sok Chenda Sophea highly appreciated the investment activities from all the Japanese investors who always trust the Cambodian government, which has ensured peace, political and economic stability, a key factor to create the favorable investment environment.

The Japanese ambassador expressed his appreciation to the relevant ministries and institutions for their efforts, coordination and response to the concerns of Japanese investors, which the Cambodian government’s putting strong attention to maintain and provide warmth to every investor.

Mikami Masahiro also appreciated the Royal Government of Cambodia for creating a better investment environment in all areas, and expressed the commitment of Japanese investors to continue to invest more to contribute to the recovery of the Cambodian economy after the Covid-19 crisis.