On December 11, 2024, H.E. Hem Vanndy, Minister of Industry, Science, Technology & Innovation, met with a delegation from the Chinese Investment in Cambodia Association and  86Links Co., Ltd. The meeting focused on enhancing Cambodia’s industrial and technological development through innovative platforms and fostering greater Chinese investment.

The delegation presented a technology platform designed to attract investors by showcasing Cambodia’s Special Economic Zones (SEZs) and industrial parks. The platform, equipped with multilingual AI and interactive features like virtual maps, provides critical information on investment opportunities, laws, and industrial reports. The delegation proposed a three-step plan for implementing the platform and invited the Minister to visit China to strengthen bilateral collaboration.

Minister Vanndy commended the initiative and highlighted the potential of such a platform to support Cambodia’s economic growth and data management needs. He tasked MISTI techincal team to evaluate the platform’s value in complementing the existing Investment Project Management (cdcIPM) system of the Council for the Development of Cambodia.

The minister reiterated the Royal Government of Cambodia’s commitment to fostering a favorable investment climate, leveraging innovative technology, and strengthening ties with China. He also encouraged the association to consider directing a portion of China’s outbound investments to Cambodia, underscoring the nation’s potential as an industrial hub.