Cambodia aims to foster an attractive investment climate and increase its competitiveness in Southeast Asia.   

To help achieve this, Australia is supporting the Council for the Development of Cambodia (CDC) to develop a Three-Year Investment Promotion Strategy for Cambodia.  

The strategy will help guide Cambodia to create an enabling investment environment, attract and retain quality investors, increase FDI and diversify markets.  

Today, Australia and Cambodia kicked off the development of the strategy at a high-level meeting presided over by Deputy Ambassador Ms Bridget Collier and Deputy Prime Minister and First Vice-Chairman of the CDC H.E. Sun Chanthol.   

‘Australia through the CAPRED program is proud to be supporting Cambodia’s investment and trade initiatives as we collectively tackle emerging regional and global economic shifts,’ said Ms Collier. ‘This strategy will be an important step towards Cambodia’s resilient, inclusive and sustainable economic growth.’   

The cooperation also aligns with the recommendations in Invested: Australia’s Southeast Asia Economic Strategy to 2040 to promote two-way trade and investment with the region.