Leaders emphasize value addition and export growth as key drivers of agricultural cooperation
The acting head of state of Cambodia, Samdech Techo Hun Sen, has received a courtesy call from Park Joo Bong, President of the Incheon Chamber of Commerce and Industry of the Republic of Korea, as South Korean investors explore new opportunities in Cambodia’s agricultural sector, particularly in cashew production and processing.
The meeting took place at the Senate’s Solidarity Palace, where both sides discussed expanding economic cooperation and strengthening investment ties between Cambodia and South Korea.
Park conveyed strong interest from South Korean businesses in Cambodia’s investment landscape, noting that the country is increasingly viewed as a safe and attractive destination for foreign investment. He highlighted agriculture—especially cashew cultivation and processing—as a key area of focus for potential investment expansion.
During the discussion, Samdech Techo Hun Sen welcomed the delegation and expressed appreciation for South Korea’s growing economic engagement with Cambodia. He noted that the country possesses abundant agricultural resources and emphasized the importance of attracting investors capable of adding value through processing and export-oriented production.
He further underscored that trade and investment remain central pillars of Cambodia–South Korea relations, adding that deeper cooperation in agriculture could help strengthen supply chains and expand access to regional and global markets.
Hun Sen also expressed optimism that the visit would help identify new areas of economic collaboration, contributing to the continued development of bilateral ties. He highlighted the longstanding partnership between the two countries and voiced hope that relations could be elevated toward a comprehensive strategic partnership in the future, particularly as both nations approach the 30th anniversary of diplomatic relations restoration.
The engagement reflects growing momentum in Cambodia’s efforts to attract foreign investment into its agricultural sector, with a particular focus on value-added processing industries that can enhance export competitiveness and rural economic development.
