PM Askes European Companies to Continue Investing in Cambodia

0

By Kong Soriya

Phnom Penh – Prime Minister Samdech Techo Hun Sen has asked European companies to continue investing in Cambodia even though EBA will be withdrawn or not removed from Cambodia by the end of August, ensuring peace and political stability in Cambodia. Especially reforming institutions to encourage business people.

Samdech Techo HUN SEN, speaking at the closing ceremony of the Ministry of Interior on the afternoon of February 14, said that the Royal Government Is taking firm and deep reform measures to improve and enhance Cambodia’s competitiveness, and reduce the cost of doing business to clear the original Certificate of Customization, amend the Camcontrol duty from the Export Control Import.

Removing Kamsap unit, reduction of checking costs and other fees, improvement of related services, tax incentive to SMEs and many other important measures that the business community will see and also have benefited more obviously in the future and in the near future.

“I would like to take the moment to speak to hundreds of European companies doing business In Cambodia, continue to do business and stay happy with peace for all of you.”

“I also ask business people and investors who are investing and doing businesses in Cambodia, both those who are willing to invest or are investing in Cambodia with Intends to maintain peace and political stability in the country.

Samdech Techo said that in the spirit of effort above, the two motives are internal reform and expansion of external friends in the spirit of independence and Approach 5 is to look at the bath, the brush, the cure, and the surgery must be carried out simultaneously. ”

“Cambodia will continue to discuss with European partners for the theme and operation of the 13th Asia-Europe Meeting in Cambodia in the future by 2020, Cambodia hopes our European partners to succeed in this important multi-lateral forum “.

At the same time, Dr. Mey Kalyan, senior adviser to the Supreme National Economic Council, said, “If the EU withdrew the EBA system from Cambodia, Cambodia’s economy will be affected but not severe, but it’s time for Cambodia to strengthen itself rather than Relaxing too much because we cannot sleep, so if we rely one day the stop helping us we will die.

“Therefore, we must strive to strengthen ourselves, diversify our markets and diversify our products So we can have a strong foundation to support our economy.”

LEAVE A REPLY

Please enter your comment!
Please enter your name here