INCHEON, South Korea: Cambodia is stepping up efforts to attract South Korean investment in automotive components, electric vehicle systems, healthcare technology and other higher-value industries, as the government pursues long-term plans to move the economy beyond its traditional reliance on garments and labour-intensive manufacturing.
The push was highlighted during Deputy Prime Minister Sun Chanthol’s investment promotion mission to South Korea, where the first vice-chairman of the Council for the Development of Cambodia (CDC) led a high-level delegation on a series of company visits and an investment roadshow in Incheon on June 16.
