Samdech Techo Hun Sen: In the first 11 months of 2018, Vietnam listed 75 projects worth US $ 2.4 billion

Phnom Penh: Prime Minister Samdech Techo Hun Sen stated inside the system of direct venture to Vietnam until November 2018 Cambodia has enrolled 75 speculation ventures worth US $ 2.4 billion Ric, which centers around the universe Agriculture and foundation.

December 7, 2018 13:47
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Head administrator's comments at the Vietnam-Cambodia Business Forum in Hanoi on December 6, 2018. On that event, Samdech Techo Hun Sen conveyed addresses on the advancement of Cambodia and openings and potential Invest in Cambodia. Samdech Techo Hun Sen said that Vietnam and Cambodia have started to have a decent relationship for quite a while. The 51st commemoration of the foundation of political relations between our two nations.

In the aggregate exchange turnover among Cambodia and Vietnam in 2017 came to about 2.13 billion US dollars Increasing by about 30% contrasted and 2016. Fares from Cambodia to Vietnam are still little. Truth be told, Cambodia's fares to Vietnam in 2017 added up to US $ 342 million from imports. Of Vietnam in 2017 to about 1.8 billion US dollars. 

"Under the system of direct speculation from Vietnam until November 2018, the Council for the Development of Cambodia has enlisted the venture. Vietnam has 75 venture ventures, worth about 2.4 billion US dollars Agriculture and Infrastructure. " Samdech likewise said that Cambodia's economy in 2018 is evaluated to develop at 7.3% and for the medium term. Cambodia's future can keep up a development rate of about 7% every year. This high financial development has made it feasible for Cambodia to accomplish a low-center salary status in 2015 and on its circle. Accomplishing the status of the center pay nation by 2030 and high-pay nations by 2050. 

He added that to accomplish this objective and as per the Rectangular Strategy Phase IV, the Royal Government of Cambodia has advanced and is executing "Cambodia's Industrial Development Policy 2015-2025" expects to change Cambodia's modern structure from a forceful industry to an expertise based industry. Year 2025. He focused on that this arrangement was "another development methodology" and distinguished five need businesses, including 1-industry or new assembling. With the nearness of open market passage, offering high esteem, high imagination and high intensity, 2-SMEs All segments 3-agro-modern creation, Export and Domestic Market 4-industry bolster identified with horticulture, the travel industry and articles of clothing and also store network The market-connected industry or the general value chain, 5-Category Industries for Regional Production Chains and Strategic later on, In circumstances of sharp and down to earth estimates that the legislature has spread out. 

In the meantime, he additionally educated all financial specialists and speculators about Cambodia's potential venture potential and significant points of interest as pursues: First, the political and macroeconomic strength. Second, Cambodia is deliberately situated in the ASEAN area where it has progressed toward becoming "processing plants of Asia" Cambodia is additionally at the core of the Mekong district, the locale with the most astounding monetary development and availability. Third, the work compel is rich and youthful, with the populace being 35 years of age To 72% of the aggregate populace, joined with an expansion in center salary and white collar class populaces, will Opportunities for Cambodia. Fourth, Cambodia has opened its economy to financial specialists without segregation among Cambodian and remote speculators. No. Fifth, fabricated merchandise in Cambodia are not just promoted in Cambodia with a little more than 15 million individuals But it can supply to the Mekong Sub-district with around 250 million supporters, ASEAN markets with around 630 million endorsers, and markets. In the region of ​​the Partnership Agreement Extensive essential EAS locale, serving around 3 million individuals, and additionally access to other real markets on the planet. 6th, Cambodia and Vietnam have consented to arrangements on covering tax reductions and aversion of related misappropriation. Salary charge on March 31, 2018 in Hanoi. 

Samdech Techo keeps on speaking to Vietnamese financial specialists who have not yet come to Cambodia to find out about potential and openings. Putting resources into Cambodia and choosing to put resources into Cambodia to take full favorable position of respective participation among Vietnam and Cambodia . He additionally guaranteed financial specialists of a positive domain, particularly harmony, security and political dependability and also macroeconomic steadiness. Legitimate and institutional structures that are powerful, straightforward, responsible and unsurprising.