Japan's JCCI keen to expand investment in textile OEMs in Cambodia

04 Feb 24 1 min read

Insights

  • The Japanese Chamber of Commerce and Industry (JCCI) is keen to expand investment in original textile equipment manufacturers in Cambodia.
  • Yoshihisa Suzuki, chairman of JCCI's Japan-Mekong Business Cooperation Committee, proposed this at a meeting with Cambodian Prime Minister Hun Manet.
  • He briefed Manet about existing investment activities in Cambodia.
The Japanese Chamber of Commerce and Industry (JCCI) recently expressed interest in expanding investment in original equipment manufacturers (OEMs) for the textile sector in Cambodia.

Yoshihisa Suzuki, chairman of JCCI’s Japan-Mekong Business Cooperation Committee, put forward the proposal during a meeting with Cambodian Prime Minister Hun Manet in Phnom Penh.

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Suzuki also briefed Manet about existing investment activities in Cambodia in the textile, gas supply and agricultural sectors.

“The visit of the delegation will further increase the potential and expansion of Japanese investments in Cambodia,” the prime minister was quoted as saying by Cambodian media reports.

Cambodia is ready to coordinate with Japanese investors to turn itself into a major investment destination and a regional hub, he added.

Fibre2Fashion News Desk (DS)

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