Push for Thai-Cambodia trade ties
THAI and Cambodian enterprises foresee greater opportunities to expand their investment in both countries after closer cooperation between the two nations, according to the Thailand-Cambodia Business Forum held at Dusit Thani Hotel in Bangkok yesterday.
The forum coincided with the official visit to Thailand of Cambodian Prime Minister Hun Sen to Thailand marking the 65-year diplomatic relationship between the two countries, and the meeting with his Thai counterpart Prayut Chan-o-cha.
At the forum, Hun Sen said Cambodia could be a manufacturing centre for Asia, as it had seen strong economic growth for several years. Cambodia also has a policy to support foreign direct investment (FDI), particularly in value-added industry, and to encourage connectivity within the Greater Mekong Subregion and other international stages.
He said many Thai enterprises of all sizes could explore opportunities to invest in Cambodia.
Hun Sen said his country would continue to encourage closer cooperation among Asean members, while it was developing itself to become the factory of Asia under the Asean Economic Community, which is the world's fourth-largest trading bloc.