UNIDO chief pledges to encourage investors to Cambodia

 Xinhua | 6 April 2017

PHNOM PENH, April 6 (Xinhua) -- Li Yong, director general of the United Nations Industrial Development Organization (UNIDO), pledged on Thursday to help encourage foreign investors to Cambodia, a senior Cambodian official said.

Li made the remarks during a meeting with Cambodian Prime Minister Samdech Techo Hun Sen at the Peace Palace in capital Phnom Penh, said Kao Kim Hourn, a minister attached to the prime minister.

"Li told the prime minister that UNIDO would help attract foreign investors in the UN member countries to invest in Cambodia," Kao told reporters after the meeting.

For his part, Hun Sen said the Southeast Asian country was encouraging investments in agriculture and light manufacturing industry.

He asked UNIDO to continue assisting Cambodia in speeding up the implementation of the Industrial Development Policy 2015-2025.

The prime minister said Cambodia has its own dream to become an upper-middle-income country by 2030.

Earlier in the day, Li met with Cham Prasidh, Minister of Industry and Handicraft, and Veng Sakhon, Minister of Agriculture, Forestry and Fishery, to discuss possibilities for cooperation.