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Malaysia, Cambodia intensify economic ties

Malaysian Deputy Prime Minister Muhyiddin Yassin made an official visit to Cambodia from February 19-21, in a bid to further expand bilateral relations between the two countries and stimulate their economic growth.
Malaysian Deputy Prime Minister Muhyiddin Yassin made an official visitto Cambodia from February 19-21, in a bid to further expand bilateralrelations between the two countries and stimulate their economic growth.

At meetings with Cambodian leaders, Muhyiddin stated that thetwo sides possess the potential to enhance their collaboration in thespheres of agriculture, electricity production, education and humanresources development.

Malaysia is willing to aid Cambodia inexpanding energy production, upgrading infrastructure, and constructinghighways, he added.

As part of his trip, Muhyiddin andCambodian Deputy Prime Minister Keat Chhon co-chaired a February 21roundtable conference between the two sides’ business executives tobroaden their trade and investment ties.

By late 2013,Malaysia, the third largest investor in Cambodia, had nearly 1,700businesses investing in the country with a sum of around 2.62 billionUSD in banking-finance services. Last year, two-way trade reached 400million USD.-VNA
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