(Phnom Penh): Deputy Prime Minister Sun Chanthol, First Vice President of the Council for the Development of Cambodia (CDC), alled on factory owners and investors to remain calm, committed, and confident in the Royal Government of Cambodia, which he affirmed is fully capable of addressing all business and investment-related concerns.
He spoke on 8 July 2025 at a press conference on 8 July 2025 at the CDC headquarters following recent developments in US tariff negotiations.
“I would like to take this opportunity to call on companies with factories in Cambodia to stay calm,” he said. “The Royal Government has the full capability to protect employers, employees, and Cambodia’s national interests.”
He also appealed to the general public to maintain their trust in the government under the leadership of Prime Minister Samdech Thipadei Hun Manet, who he said is deeply committed to defending the nation’s interests.
According to Sun Chanthol, from January to July 4, 2025, the CDC approved 396 investment projects worth a total of USD 6 billion, generating approximately 271,000 jobs across the country.
Sun Chanthol stressed that Cambodia continues to present strong opportunities for investment. “We have both the capacity and the conditions to attract more investors, which in turn will help create more jobs for Cambodians,” he noted.
In a direct message to Cambodians working abroad, the deputy prime minister urged them to consider returning home to take advantage of growing employment opportunities, stating that Cambodia currently requires around 300,000 additional workers annually.
He also pointed to the nation’s ongoing peace, political stability, and expanding infrastructure, particularly the road network, as key factors driving investor confidence. The government anticipates approving up to 500 investment projects in 2025, with 373 already approved in the first half of the year and more than 60 currently under review.
=FRESH NEWS