Chinese Firms to Transform Cambodia’s Coastal Provinces

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Top Chinese firms are keen to invest in Cambodia’s coastal provinces of Preah Sihanouk and Kampot; to develop sectors that service tourists, said the Kingdom’s Tourism Ministry on Friday.

According to a Ministry statement the intention of the Chinese firms was made clear during a meeting between Tourism Minister Thong Khon and Yuan Hao, the CEO of China CYTS Tours Holding Co. Ltd. Also present at the meeting were representatives from China Enterprise News Group, Key Royal Capital, Yunshan Capital and Shu & Cambodia Tianyu Co.

“After analyzing the investment climate in the kingdom, these companies are keen to invest in hotels, restaurants, shopping malls, sports clubs and other areas that cater to tourists.”

Full story at Khmer Times.

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