Thursday, May 17, 2012

Welsh secretary pledges to urge investors to Cambodia

PHNOM PENH, May 17 (Xinhua) -- The Secretary of State for Wales Cheryl Gillan pledged on Thursday to encourage more investors from the United Kingdom to Cambodia in order to further strengthen the UK-Cambodia ties.
Cheryl made the promise during a two-hour meeting with the Cambodian Prime Minister Hun Sen at the Peace Palace.
She said her visit here was to boost the UK-Cambodia relations and cooperation and during the stay, she would open a UK Trade and Investment Office in Cambodia and a new factory for Quantum Clothing (Cambodia), which is invested by a British company.
Meanwhile, Hun Sen congratulated the UK for opening the Trade and Investment Office in Phnom Penh and said Cambodia has been expanding the scope of its economy through encouraging investments in mineral resources and energy.
The premier said he wanted to see Britain investors in these fields.
He also told Cheryl that Cambodia now is full of political stability, security and sound macroeconomics. Moreover, the country enjoys remarkable increases in garment and textile exports and foreign tourist arrivals.
Cheryl arrived here on Wednesday for a two-day visit. Her visit is part of a tour to Thailand, Cambodia and Singapore, focusing on UK. trade and investment in Southeast Asia region, said a press release from the U.S. embassy in Phnom Penh.
She is the first Cabinet Minister from the Coalition Government that visits Cambodia to foster trade and investment ties.

No comments:

Post a Comment