PHNOM PENH — Deputy Prime Minister Sun Chanthol, First Vice Chairman of the Council for the Development of Cambodia (CDC), met with outgoing Indonesian Ambassador H.E. Santo Darmosumarto on Tuesday to celebrate a period of record-breaking economic cooperation between the two nations.
The farewell visit, held at the CDC headquarters, served as a review of the “brilliant success” achieved during the Ambassador’s mandate. Under the strategic guidance of Prime Minister Hun Manet and the long-term vision of Samdech Hun Sen, Cambodia has successfully positioned itself as a primary destination for Indonesian investors.
Record Growth in Bilateral Trade During the meeting, DPM Sun Chanthol highlighted the significant increase in trade volume and business connectivity. Key achievements include:
- Investor Exchange Programs: Frequent visits between Indonesian and Cambodian business leaders have led to a deeper understanding of the Kingdom’s investment potential.
- Strategic Support: The Council for the Development of Cambodia provided essential facilitation to ensure Indonesian projects moved from planning to implementation quickly.
A Lasting Bridge for Future Investment Ambassador Darmosumarto expressed his profound gratitude to the Royal Government of Cambodia for its “excellent cooperation.” Although his official mandate is ending, the Ambassador pledged to remain a “bridge” for Cambodian interests, continuing to promote the Kingdom’s vast investment opportunities to the Indonesian business community.
DPM Sun Chanthol extended his best wishes for the Ambassador’s future endeavors, reaffirming that the bond of friendship between Cambodia and Indonesia remains “steadfast and flourishing” for the mutual benefit of both nations.
Frequently Asked Questions (FAQ)
H.E. Sun Chanthol is the Deputy Prime Minister and the First Vice Chairman of the Council for the Development of Cambodia (CDC), responsible for overseeing national investment and development.
Through increased investor exchange visits and direct support from the CDC, Cambodia has significantly boosted its trade volume and business connectivity with Indonesia.
The CDC is the highest government decision-making body for private and public sector investment. It provides facilitation and incentives to international investors looking to do business in Cambodia.
Yes. The Royal Government continues to encourage Indonesian firms to explore sectors such as technology, agriculture, and manufacturing, supported by the country’s favorable new investment laws.