Chinese consortium explores opportunities in Sihanoukville

28 Jun 2018  2096 | World Travel News

The Chinese delegation said it is interested in investing in Sihanoukville’s tourism industry. KT/Valinda Aim

A delegation of Chinese companies on Tuesday announced its readiness to invest in internet-based services for Cambodia’s tourism sector, particularly in Sihanoukville.

Their intention to invest in the Kingdom was stated during a meeting between Wu Yunfu, chairman of China-based Internet Investment Holding Group Co., Ltd., and Yun Min, governor of Preah Sihanouk province.

Mr Wu told the Cambodian governor that the members of the Chinese delegation were looking forward to investing in Sihanoukville, adding that one of the main factors driving their interest in the Kingdom is the excellent relation between the Chinese and Cambodian governments.

“Sihanoukville is beautiful and interesting. It is well-developed and has special economic zones which makes it more attractive for investors. Many Chinese companies are interested in the province,” Mr Wu told Mr Min.

“I will urge our Beijing-based investment partners to put money in the province, and I will return again with investment plans for internet-based services for the province’s tourism industry,” he added.

Governor Yun Min welcomed Mr Wu’s enthusiasm for investing in the province, and told the consortium that Cambodian and China are strengthening ties thanks to Chinese President Xi Jinping’s Belt and Road initiative.

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