Phnom Penh: A feasibility study has confirmed that Cambodia holds significant potential to establish agro-industrial parks. These projects are expected to be instrumental in transforming the agricultural sector by attracting private investment and increasing the added value of Cambodian agricultural products in the national economy.
Strategic Highlights:
- Implementation Framework: The “Framework for the Development of Agro-Industrial Parks in Cambodia” was developed through a collaboration between the Supreme Council for National Economic Cooperation and the Australian Government (CAPRED).
- Single-Window Mechanism: The Council for the Development of Cambodia (CDC) has been designated as the primary body to manage these parks. Registered projects will be eligible for various investment incentives under the Cambodian Investment Law.
- Economic Growth: Experts, including Mr. Noun Rithy, Chairman of KFA Group, believe that these parks will attract significant private capital, fostering long-term resilience and productivity in the agro-industrial sector.
