PM Hun Sen Set up a Policy to Expand Investment to the Provinces

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By Vutha
Phnom Penh: Samdech Akka Moha Sena Padei Techo Hun Sen, Prime Minister of Cambodia, announced the 2019 target of development and investment from Phnom Penh to provinces across Cambodia.

Speaking to| 11, 227 workers from 34 factories at Chengdu Bayi (Cambodia) Commercial Center in Prey Rokar village, Chhuk Thmey commune, Ang Snuol district, Kandal province on February 20, Samdech Techo Prime Minister expressed his great pride in the prosperity of the Cambodian industry over the years while the government is pushing forward the Industrial Development Policy (2015-2025) to be more efficient.

“This year is the year the Royal Government is targeting development and investment from Phnom Penh to the provinces, which are required to build as many necessary infrastructures as connecting roads. Clearly, like National Road 4 and National Road No.3, there are now a lot of factories and a large number of factories that have provided a lot of jobs for our people,” he said.

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Samdech Techo Prime Minister also said, “Cambodia does not rely solely on agriculture; we have to rely on many other important sectors such as industry, tourism and agro-industry to process agriculture products to export to the international market.”

Dr. Mey Kalyan, Senior Adviser to the Supreme National Economic Council, said that the policy is right because the enterprise could not be in the capital, it should go to the provinces and expand the development into the provinces to diversify investment and make more prosperity, but not just in the city.

“Expanding investment and development in the provinces makes a great deal of profit related to transportation and related to time spending and transport costs,” he said, adding that, “the expansion of development to the provinces also helps to reduce demographics in the city because it will reduce rural migration to the city, and if factories are close to home, they do not have to spend time traveling and renting rooms for stay.”

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