Cambodia Seeks Investment from Hong Kong, GBA Region to Boost Economic Diversification and Tech Adoption

On the afternoon of Thursday, August 6, 2026, the Council for the Development of Cambodia (CDC) announced that Deputy Prime Minister and First Vice Chairman of the CDC, H.E. Sun Chanthol, received a courtesy call and held a working meeting with a business delegation led by Dr. Jonathan K S Choi, Chairman of the Chinese General Chamber of Commerce in Hong Kong (CGCC), Chairman of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) Alliance, and Chairman of Sunwah Group. The discussion primarily focused on exploring investment opportunities and expanding multi-sector business cooperation in the Kingdom of Cambodia. During the cordial meeting, H.E. Sun Chanthol extended a warm welcome and profound gratitude to Dr. Jonathan K S Choi and the business delegation for their valuable time in understanding the realities of Cambodia's investment environment and economy. The Deputy Prime Minister detailed the potential factors and key reforms of the Cambodian government, including: 1. Young Workforce: Cambodia's population is largely under 30 years old, dynamic, creative, and highly motivated to develop skills to keep pace with modern technologies. 2. Strategic Connectivity Infrastructure Development: The government is actively promoting major infrastructure projects, including expanding the capacity of deep-sea ports, constructing expressway networks, and the Funan Techo multi-purpose water resource management project. These are expected to become vital economic arteries, reducing transportation costs and enhancing Cambodia's logistical efficiency on the international stage. 3. Institutional Reforms and Modernization: The CDC is reforming its internal structure to facilitate investors and improve the investment climate. The Cambodia Investment Project Management (CDCIPM) system, a significant step in digitalizing public services, has been operational since November 2024 and is being connected with relevant ministries and institutions. 4. Ensuring Security and Investment Environment: H.E. Sun Chanthol emphasized the Cambodian government's firm commitment and resolute measures to combat online scam crimes, thereby protecting public security and order, and fostering strong confidence among foreign investors. In response, Dr. Jonathan K S Choi expressed his immense pleasure and reiterated the close friendship between Sunwah Group and Cambodia, as well as his personal relationship with the Deputy Prime Minister. He highlighted that his current visit led a group of businessmen and potential investors from Hong Kong and the Greater Bay Area to observe firsthand the transformation of Cambodia, a safe country with rapidly developing infrastructure and abundant business opportunities. Furthermore, Dr. Choi expressed a strong desire to bring potential investment projects to Cambodia, focusing on priority sectors and modern technologies, including: 1. Artificial Intelligence (AI) and Digital Sector: Promoting the use of advanced technologies domestically. 2. Green Energy: Investing in renewable energy sources to support environmental sustainability. 3. Energy Industry: Researching supply strategies and development potential within this sector. 4. Technology and Processing Industry: Strengthening production chains and modern processing. 5. Education and Training Sector: Developing human resources to meet the demand for skilled labor. 6. Healthcare Sector: Participating in improving the quality of health services and medical infrastructure. The meeting also served as a platform for the business delegation to briefly present their respective business types and operations, as well as share their views and insights on Cambodia and their future investment destinations. The discussions concluded in a friendly and understanding atmosphere, reflecting the firm commitment of both parties to translate this strategic cooperation into tangible results by promoting investment in major priority sectors. These joint efforts are expected not only to significantly contribute to increasing Foreign Direct Investment (FDI) and transferring modern technologies to Cambodia but also to act as a powerful catalyst for economic growth, job creation, and inclusive, long-term socio-economic development. Source: CEN Cambodia