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Chinese investments provide tangible benefits to Cambodia’s national development: senior legislator

PHNOM PENH — The Chinese investments have provided tangible benefits to Cambodia’s national development in various fields including agriculture, agro-industry, industry, tourism, and infrastructure, a Cambodian senior legislator said.

Speaking at the second China-Cambodia Economic and Trade Cooperation Forum via videoconference on Wednesday, Suos Yara, chairman of the Committee on Foreign Affairs, International Cooperation, Information and Media of the National Assembly of Cambodia, said Cambodia has achieved strong economic growth over the last decades, thanks to its strong economic cooperation with China.

“The mega infrastructure projects of roads, expressways, ports, and airports have significantly developed and modernized Cambodia’s connectivity,” he said at the forum, which was co-organized by China’s Economic Daily, the Asian Vision Institute, and the China Economic Net.

Yara was confident that the trade and investment volumes between the two countries would continue to rise in coming years with the entry into force of the Cambodia-China Free Trade Agreement and the Regional Comprehensive Economic Partnership this year.

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