Saudi Arabia and Cambodia are exploring expanded trade and investment cooperation as a Saudi business delegation visits Phnom Penh. Talks focused on improving business ties, investment opportunities in special economic zones, halal production, and aligning bilateral trade goals with Saudi Vision 2030 and ASEAN market integration.
A Saudi business delegation is visiting Cambodia to explore new opportunities for strengthening bilateral trade and investment cooperation between the two countries, reflecting growing economic engagement between Southeast Asia and the Middle East.
On Sunday, Cambodia’s Minister of Commerce, H.E. Mrs. Cham Nimul, met with H.E. Waleed Nasser Alsheri, Chairman of the Saudi-Cambodia Business Council, alongside representatives from the Saudi Chamber of Commerce at the Ministry of Commerce in Phnom Penh.
During the meeting, the Minister briefed the delegation on Cambodia’s latest economic and trade policy developments, highlighting ongoing reforms aimed at improving the business environment, attracting foreign investment, and enhancing national competitiveness. These efforts are being coordinated under the Royal Government of Cambodia’s broader economic strategy.
Cham Nimul also encouraged Saudi companies to explore investment opportunities in Cambodia’s special economic zones, with particular emphasis on halal product manufacturing, an area with strong potential for bilateral cooperation.
In response, Alsheri praised Cambodia’s progress in trade and economic development and confirmed plans to organise a future official visit by a Saudi business delegation. He noted Cambodia’s strategic role as a gateway to the ASEAN market, adding that the country’s development direction aligns closely with Saudi Vision 2030.
Both sides reaffirmed their commitment to effectively implementing the action plan under the Memorandum of Understanding on the Promotion of Trade Relations between Cambodia’s Ministry of Commerce and Saudi Arabia’s General Authority for Foreign Trade (GAFT).
They also expressed confidence that the establishment of the Saudi-Cambodia Business Council will further strengthen business-to-business ties, facilitating increased trade flows and long-term investment cooperation.
FAQ: Saudi Cambodia trade cooperation
Cambodia offers access to the ASEAN market, competitive production costs, special economic zones, and growing opportunities in sectors such as halal manufacturing.
The council facilitates cooperation between businesses in both countries, helping expand trade, investment, and joint ventures.
Cambodia’s trade integration and development goals complement Saudi Vision 2030’s focus on economic diversification and global partnerships.