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Canadian group seeks more investment opportunities in Cambodia

   Jul 11, 2024
Credit : GMI Post

Ontario-based multinational Lee Li Holdings (LLH) CEO Lee Q. Shim told Cambodian Prime Minister Hun Manet in a meeting at the capital Phnom Penh this month that his company was looking at investment opportunities in the country, including its automotive healthcare, gas and oil, food processing and logistics, automobiles, and exports accreditation sectors.

Cambodia Prime Minister Hun Manet (right) met with Lee Li Holdings President and CEO Lee Q. Shim (Ieft) in Phnom Penh this month. (Photo source: Office of the Prime Minister)

During the meeting, Manet pointed out that the Cambodia Chamber of Commerce had two representative offices in Canada (Toronto and Montreal) that promote bilateral trade and assist exporters and importers in their two countries.

“Shim’s visit will further contribute to the promotion of trade relations between Cambodia and Canada,” Manet said.

The prime minister also encouraged Shim to pursue discussions with relevant ministries and agencies, such as the Ministry of Health, the Ministry of Mines and Energy, and Ministry of Commerce, adding that his government has supported the private sector by encouraging international investment in the country.

Canada is one of the largest investors in Cambodia and has brought in around $1.1 billion in foreign direct investment as of 2021, Cambodian socio-economic analyst Chey Tech told The Phnom Penh Post in an interview.

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