(Phnom Penh): Chairman of the Board of Directors of Beijing Scitech Holdings Co., Ltd. Zhu Yujiang expressed interest in investing in crude oil refining in Cambodia.

received a courtesy call by Zhu Yujiang paid a courtesy call on Cambodian Prime Minister Hun Manet at the Peace Palace on 5 May 2025.

During the meeting, Zhu Yujiang thanked Samdech Thipadei for the opportunity to pay a courtesy call.

He commended Cambodia’s rapid development across all sectors, attributing it to the leadership of Samdech Techo Hun Sen, President of the Senate and former Prime Minister, and Samdech Thipadei Hun Manet, the current Prime Minister.

He noted that he observes positive progress each time he visits Cambodia. He also expressed pleasure at the deepening relations and growing cooperation between China and Cambodia.

The chairman informed Samdech Thipadei of the company's interest in exploring investment opportunities in Cambodia, particularly in crude oil refining and producing value-added products from refining residues. He added that such investment would support Cambodia’s socio-economic development and boost its manufacturing productivity.

In response, Samdech Thipadei welcomed Zhu Yujiang and his delegation and appreciated their company's interest in investing in Cambodia.

The premier emphasised Cambodia's continued openness to companies exploring investment opportunities. Additionally, Samdech Thipadei highlighted the Royal Government's policies and measures aimed at encouraging supply chain investment. He noted that strengthening supply chains is a strategic priority for Cambodia, aimed at promoting the production of semi-finished and finished goods for both domestic consumption and export.

Before concluding, Samdech Thipadei encouraged the company to explore supply chain investment possibilities and to continue collaborating with relevant ministries and institutions, conducting detailed studies to seize investment opportunities in Cambodia.
=FRESH NEWS