Jiangxi Provincial Building Material Group Explores Cement Factory Investment in Cambodia

A delegation from Jiangxi Provincial Building Material Group, Ltd., led by President Wensheng Chen, met with the Cambodian Investment Board last week to explore potential investment opportunities, including the establishment of a cement factory in Cambodia.

The meeting took place at the Council for the Development of Cambodia (CDC) office, where H.E. Chea Vuthy, Secretary-General of the Cambodian Investment Board, warmly welcomed the delegation. He provided an overview of Cambodia’s investment landscape, highlighting the country’s open and transparent investment laws, political stability, and the recent surge in Chinese investment.

Jiangxi Provincial Building Material Group, a leading cement producer in China, is considering expanding its operations to Cambodia. Mr. Chen expressed enthusiasm about Cambodia’s rapid development and the potential for future growth, stating that the company is keen to learn more about the local investment environment.

Secretary-General Chea Vuthy expressed strong support for the potential investment, emphasizing its importance in boosting Cambodia’s industrial and construction sectors. He also encouraged the company to adopt modern, eco-friendly technologies to minimize environmental impact. The CDC assured the delegation of its commitment to providing all necessary support to facilitate the investment.

The visit marks a significant step forward in strengthening economic ties between Cambodia and China, with the potential cement factory poised to play a crucial role in Cambodia’s infrastructure development.