PHNOM PENH, Sept. 7 (Xinhua) -- The Comprehensive Strategic Partnership of Cooperation between Cambodia and China has been providing "more favourable conditions" for economic, trade and investment ties between the two countries, Cambodian Deputy Prime Minister and Cabinet Minister Sok An (pictured) said on Sunday.
The two countries upgraded their ties to the Comprehensive Strategic Partnership of Cooperation in December 2010.
"The strategic partnership between the two countries has also created stronger confidence of Chinese investors in Cambodia," he said during the celebration of the Mid-Autumn Festival, which was organized by the China Hong Kong and Macao Expatriate and Business Association in Cambodia (CHKMEBA).
China is the largest investor in Cambodia with the cumulative investment of more than 9.6 billion U.S. dollars, according to the figures recorded by the Cambodian government. For the bilateral trade volume, it topped 3.7 billion U.S. dollars last year.
Meanwhile, the deputy prime minister also extended profound thanks to the Chinese government and people for providing enormous support to Cambodia for socio-economic development.
The celebration of the lunar worship was attended by about 1, 000 people, who are Cambodian officials, Chinese businesspeople and expatriates, and Chinese-blooded Cambodians.
Addressing the event, Chinese Ambassador to Cambodia Bu Jianguo hailed the CHKMEBA for hosting the lunar worship celebration, saying the association has greatly contributed to promoting trade and investment ties between China and Cambodia.
"The association has not only helped develop Cambodia's economy, but also contributed to further enhancing traditional friendship relations between China and Cambodia," the ambassador said.
CHKMEBA's president Yum Sui Sang said that founded in 1998, the association currently has nearly 100 Chinese companies as members and they do businesses in such fields as banking and finance, garment and textiles, pharmaceutical manufacturing, transportation, machinery and real estate.
4 comments:
This corrupted CPP minister Sok An has never created jobs for Cambodia. All he has done is about money that he will pocket himself by cheating or stealing. He does not care about the will of Cambodian people and country of Cambodia. We know that his nephew Sous Yara is a representative of Preah Vihear who is a corrupted bastard and rude to the Monks at Raingsey Pagoda in Phnom Penh.
Khmer people watch out to his guys Sok An.
Sok An is the most corrupt after Hun Sen. All land under the Apsara Authority belongs to Sok An and all corrupt businessmen, like Sok Kong, got the rights to manage Angkor Wat, Sokha Beach, Sokimex and Bokor because of Sok An because they do business with him and pay him a percentage.
You folks have been accusing Sok An to be Vietnamese right? How comes he is working with China now a day?
-Drgunzet-
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