Hungary To Boost Investment In Cambodia

Phnom Penh, May 30, 2024 --

Hungary is committed to further boosting investment and trade with Cambodia.

The commitment was made by H.E. Tibor Baloghdi, Ambassador Extraordinary and Plenipotentiary of Hungary to Cambodia, during a meeting with H.E. Huot Hak, Minister of Inspection in Phnom Penh, on May 28.

H.E. Tibor Balogdhi underlined that further promotion of economic cooperation, investment, and bilateral trade is at the top on his priority list for the mission in Cambodia.

Appreciating the diplomat's priorities, H.E. Huot Hak shared with him the latest situation in Cambodia, including the political and socioeconomic areas, as well as the country's intention to attract more foreign direct investment.

He spoke highly of the good diplomatic relations between the two nations since 1956 and thanked the government of Hungary for its contribution to Cambodia's development, especially in education, trade, and tourism.