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Investment

Cambodia and Zimbabwe Strengthen Efforts to Boost Trade and Investment Ties

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作者: TBC Desk
Phnom Penh · 2025年12月4日 · 阅读约2分钟
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Cambodia and Zimbabwe Strengthen Efforts to Boost Trade and Investment Ties

Cambodia and Zimbabwe have reaffirmed their intention to strengthen business cooperation by pursuing memoranda of understanding between their respective chambers of commerce, as both sides acknowledge that current bilateral trade remains limited. The commitment was made during a meeting on December 2 in Phnom Penh between Lim Heng, vice-president of the Cambodia Chamber of Commerce, and Constrance Chemwayi, Zimbabwe’s ambassador to Cambodia, who is based in Kuala Lumpur. The discussion focused on expanding cooperation in trade, investment and economic development.

Zimbabwe, a landlocked nation in Southern Africa with a population of nearly 16.9 million, relies heavily on exports of mineral resources such as gold alongside agricultural products. Ambassador Chemwayi expressed her appreciation for the opportunity to visit Cambodia for the second time and thanked the chamber’s leadership for engaging with the Zimbabwean delegation. She noted the delegation’s strong interest in Cambodia’s rapid economic progress and its growing network of international-standard infrastructure, including roads, ports and the Techo International Airport.
She said Zimbabwe aims to promote business collaboration with Cambodia by strengthening institutional ties and advancing the process of signing MoUs between the two countries’ chambers of commerce. She added that Zimbabwe and Cambodia share several similarities in economic structure, development pace and population scale. The ambassador also invited the Cambodia Chamber of Commerce to lead a delegation to Zimbabwe and participate in an international exhibition scheduled for April 2026. She affirmed her intention to arrange Zimbabwean business missions to future events in Cambodia.

According to Chemwayi, both countries could expand cooperation in key sectors such as agriculture, tourism and mineral resources. Heng said Cambodia’s private sector, through the chamber, supports efforts that enhance bilateral trade and investment. He added that the chamber would consider leading a delegation to the 2026 trade exhibition in Zimbabwe. He noted that engaging with the Cambodia Chamber of Commerce provides access to the wider ASEAN market. He reiterated that the chamber regularly organises activities to promote trade and investment, in line with national policy, and maintains partnerships with chambers across the world, especially within ASEAN’s 11 member states. Heng said the chamber will work with Zimbabwean authorities to explore the possibility of signing an MoU in the future.

Also read, FUCHS Gruppe to Build Pepper-Processing Factory in Cambodia by 2026

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