Phnom Penh (FN), Feb. 15 – Loy Sophat, National Assembly Commission chairman on Planning, Investment, Agriculture, Rural Development, Environment, and Water Resources (third committee) led a delegation to visit the Royal Group Phnom Penh Special Economic Zone of tycoon Kith Meng.
Uematsu Hiroshi, CEO of Royal Group Phnom Penh Special Economic Zone, thanked Loy Sophat and the delegation for spending their valuable time visiting the Royal Group Phnom Penh Special Economic Zone.
"15 years ago when he first arrived at the Royal Group Phnom Penh Special Economic Zone, there was nothing. Fortunately, with the support of the Royal Government of Cambodia, the company has been improving until the present day, which received investment from about 100 companies that offer about 40,000 job opportunities for employees from the provinces," the CEO said.
"The main mission of the company is to seek more investment from foreign countries, such as Japan, China, the United States, and other countries. Another mission is to seek investment in various sectors, not only in the garment sector but also in electricity, electronics devices, food and beverages, animal feed, and other products. The company not only aims to attract investment from big companies but also the medium and small companies," the CEO continued.
Due to the kingdom's effective control on COVID19, the Royal Group Phnom Penh Special Economic Zone's exports are increasing amidst the COVID19 outbreak.
For his part, Loy Sophat thanked the Royal Group Phnom Penh Special Economic Zone for organizing the reception.
"The development of this company has contributed significantly to the development of Cambodia," Loy Sophat mentioned.
The commission chairman considered the Royal Group Phnom Penh Special Economic Zone to be a good company that has experienced in management and is highly trusted by its trading partners and employees.
He appreciated and was proud to see these achievements in the manufacturing sector, not just in garments. He hoped that in the future, this special economic zone will further expand its potential to process and utilize as many local resources as it can to boost the economy and offer more employment opportunities.
The Royal Group Phnom Penh Special Economic Zone has been fully prepared for investors, including an independent power plant to back up state grid, a self-contained water treatment plant, a wastewater treatment plant, and a dry port, and internet. In addition, there is the avoidance of risks such as fire trucks and ambulances, in cooperation with local authorities.