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The Better Cambodia > Blog > News > Exploring Lucrative Investment Prospects in Malaysia: DPM Sun Chanthol’s Mission
News

Exploring Lucrative Investment Prospects in Malaysia: DPM Sun Chanthol’s Mission

Surya Narayan
Last updated: January 25, 2024 2:25 am
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Surya Narayan
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Published: January 25, 2024
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Deputy Prime Minister (DPM) Sun Chanthol, also the First Vice-Chairman of the Council for the Development of Cambodia (CDC), recently spearheaded a high-profile delegation to Malaysia with the primary objective of delving into promising investment opportunities. This diplomatic mission, spanning three fruitful days from January 21 to January 23, marked a significant step in fostering economic ties between Cambodia and Malaysia.

During his visit, DPM Sun Chanthol paid a special visit to Kibing Group (Malaysia) Sdn Bhd, a prominent glass manufacturing entity situated in Senawang, a bustling suburb of Seremban city. The warm welcome extended to him by Guan Ming, the Chief Executive Officer of Kibing Group (M) Sdn Bhd, underscored the significance of this visit. The discussions that ensued revolved around the potential collaboration between the factory projects undertaken by Kibing Group and the burgeoning sectors within the Kingdom of Cambodia.

As a part of the engagement, Guan Ming led the delegation on an insightful tour of the manufacturing facilities. This comprehensive tour covered the entire production process, from inception to quality assurance, culminating in the storage of the final products, ready to serve various purposes. The meticulous attention to quality and the advanced technology employed by Kibing Group left a lasting impression on the visiting delegation.

Kibing Group, established in 1988, has emerged as a global leader in the realm of large-scale glass production. It is particularly notable for ranking third globally in the production of solar panel glass, a testament to its technological prowess. The company’s commitment to innovation and quality has cemented its reputation as a frontrunner in the glass industry.

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The delegation accompanying the Deputy Prime Minister included key officials instrumental in Cambodia’s investment landscape. Chea Vuthy, the Secretary General of the Cambodian Investment Board (CIB) of CDC, was among the prominent figures present. Also part of the delegation were Yos Mony Rath, Under Secretary of State of the Ministry of Mines and Energy (MME); Brasoeur Molyka, Deputy Director of the Deputy Prime Minister’s Cabinet; and Chea Socheat, Deputy Director of the Deputy Prime Minister’s Cabinet. Their presence reflected the seriousness and dedication of Cambodia’s government in exploring mutually beneficial investment prospects.

DPM Sun Chanthol’s visit to Malaysia not only deepens economic ties but also showcases Cambodia’s commitment to exploring diverse investment avenues. The engagement with Kibing Group exemplifies the country’s ambition to foster collaborations that can drive economic growth and technological advancement. This diplomatic endeavor opens the door to potential investments that could significantly benefit both nations. Cambodia’s proactive approach to seeking international partnerships positions it as a key player in the global investment landscape.

Source: Khmer Times

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BySurya Narayan
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Founder at The Better Cambodia | Communication Advisor to the Minister attached to the Prime Minister of Cambodia | Marketing Director at True North Lean
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