Cambodian PM Meets More Chinese Companies in Beijing
Phnom Penh, October 17, 2023 --
Cambodian Prime Minister Samdech Moha Borvor Thipadei Hun Manet this morning held separate talks with leaders of four more Chinese companies, during his stay in Beijing, China for the 3rd Belt and Road Forum for International Cooperation on Oct. 17-18.
In the meeting with Mr. Wang Bo, Chairman of China Machinery Engineering Corporation (CMEC), Samdech Thipadei congratulated CMEC on the success of its investment in Cambodia, and welcomed its additional investment projects contributing to the Kingdom's development.
Mr. Wang Bo said in the next ten years, CMEC, a subsidiary of SINOMACH, which specialises in clean water, energy and infrastructure, will invest in a US$3-billion joint venture with two Cambodian companies in gas energy.
While receiving Mr. Tse Ping, Senior Vice Chairman of Charoen Pokphand (CP) Group, which has been investing in Cambodia on livestock farms and real estate, Samdech Thipadei Hun Manet expressed his support for the company’s intention to expand its investment in Cambodia, especially in real estate, health and satellite, and encouraged the company to work with Cambodian relevant ministries and institutions.
In his courtesy visit to Cambodian Prime Minister, Mr. Li Kuo, Chairman of China Metro Group informed him on the progress of the company's study on two lightweight railway development projects connecting Siem Reap-Angkor International Airport to Siem Reap provincial city and from Techo International Airport to Phnom Penh capital. He added that his company will also study various possibilities to help ease the traffic burden in Cambodia.
For his part, Samdech Thipadei Hun Manet encouraged the company to continue its study on lightweight railway development projects in the capital of Phnom Penh and the provinces of Kandal and Siem Reap, and voiced his support for the traffic-related projects that China Metro Group has been studying in Cambodia.
During the meeting with Mr. Wang Jianping, Chairman of China Railway Construction Corporation (CRCC), Samdech Thipadei Hun Manet emphasised two goals for railway development in Cambodia – the feasibility study on the repair and modernisation of the existing railway lines, and the study on railway connection from Phnom Penh to Bavet and from Poipet to Siem Reap, as well as to the border with Vietnam via Stung Treng and Mondulkiri provinces.
Mr. Wang Jianping told Samdech Thipadei of the progress of his company in Cambodia. To date, he added, CRCC has a total of 53 investment projects in the Kingdom with a capital of approximately US$5.3 billion. The company also plans to invest in three more major projects, including data management centre in support of e-government, Phnom Penh-Siem Reap and Phnom Penh-Poipet railway projects, and clean water supply project in provinces along the Mekong River.
