Cambodia and Australia Seek Stronger Investment Cooperation in High-Potential Sectors

PHNOM PENH, May 21, 2026 (KPT) – Cambodia and Australia are seeking to deepen bilateral investment ties, with officials highlighting opportunities in renewable energy, agro-industry, education, healthcare, and natural resource development.

The talks were held Wednesday between Lim Visal, Deputy Secretary General of the Cambodian Investment Board (CIB) under the Council for the Development of Cambodia (CDC), and Carol Holmes, Head of the Cambodia and Vietnam Office at Australia’s Department of Foreign Affairs and Trade (DFAT).

Visal praised the strong partnership between the two countries, noting Australia’s support through the Cambodia-Australia Partnership for Resilient Economic Development, which has helped improve Cambodia’s investment climate and foster sustainable growth.

He pointed to investor-friendly policies, including flexible facilitation mechanisms, attractive incentives, and protections for investors, as well as ongoing infrastructure and logistics upgrades that reduce production costs and boost competitiveness.

He encouraged Australia to promote investment in industries that generate higher added value and support technology transfer and knowledge sharing.

Holmes commended Cambodia’s rapid economic progress and reaffirmed Australia’s commitment to strengthening economic cooperation. She said Canberra would continue working with the CDC to encourage more Australian companies to explore opportunities in sectors with strong long-term growth potential.

Both sides expressed optimism that closer investment cooperation would further strengthen bilateral ties and contribute to Cambodia’s sustainable economic development.