On the morning of July 28, 2026, Dr. Hean Sahib, Personal Advisor to the Prime Minister, Secretary of State of the Ministry of Economy and Finance, and Chairman of the Northeast Investment Promotion Working Group (NEIG), led the 6th Northeast Investment Promotion Working Group (NEIPWG) meeting, with the participation of representatives of relevant ministries, institutions, and the four provincial administrations that are members of the working group, to review and approve three investment projects in the agricultural sector, including coffee and cocoa cultivation, mixed animal husbandry and slaughterhouses, and the establishment of an agricultural product processing factory. These three investments will provide employment opportunities for approximately 700 local residents and add approximately US$108 million to the Cambodian economy.
During the meeting, the Professor highlighted that, despite the world facing many challenges, Cambodia remains attractive to both domestic and foreign investment. In fact, major Chinese companies have expressed their intention to expand their investment in Cambodia in subsequent meetings with the Prime Minister during his participation in the World Conference on Artificial Intelligence in China on July 15-17, 2026. In this regard, the working group must continue to coordinate efforts with a proactive and highly effective spirit to provide incentives and procedural simplifications as a package to strengthen the trust of national and international investors, aiming to continue to improve the investment environment and make Cambodia a major investment destination in the region.
Dr. Sapphasak emphasized that the facilitation of procedures and the provision of special incentives to investors To be proactive in improving the business environment in the four provinces in the Northeast by engaging in “packaged problem solving” in accordance with the “vigorousness of the single-player system” approach and upholding the “supreme” spirit of national interest. In particular, after receiving these special incentives and incentives, investors should focus on implementing concrete projects in accordance with the proposed plan, with particular emphasis on job creation, training and skills transfer, and the use of new technologies in the production chain from production to processing with better added value to promote national socio-economic development.
In addition, Professor led a discussion on some key challenges that need to be addressed urgently to promote better work efficiency. Meanwhile, members and representatives of relevant ministries and institutions are highly committed to providing the best possible, fastest, most transparent and most efficient coordination to facilitate business and investment, aiming to promote more investment activities in the four target provinces.
Before concluding, Dr. Professor thanked the members of the working group. For all the coordination with investors to make this important special program of the Royal Government a great success for the benefit of the nation and the Cambodian people.
This site is translated by Google Translate™
