Kampuchea'S Investment Environment Is Good &Nbsp; Favored By Chinese Enterprises.

The Kampuchea government has been committed to infrastructure construction and social stability for many years. Its investment law has been constantly improving, and the corresponding foreign investment incentive policies have been formulated, and the investment environment has been improving. The government hopes to attract more foreign investment.

It is reported that, because Kampuchea is a backward country, the United States, Europe, Japan and other 28 countries have been granted the Kampuchea GSP treatment (GSP).

Among them, since the Cambodian imports of textile and apparel products, the United States has given more relaxed quotas and tariff reductions and exemptions, and the EU has not set limits. Canada has also granted preferential measures such as exemption from import tariffs. This has attracted investment from Kampuchea and other countries and regions with textile and garment exports led by China (including Hong Kong, Macao and Taiwan).

Another important factor in investing in Kampuchea is

At present, more than 400 Chinese textile enterprises have invested in Kampuchea, and the red bean group is one of them.

According to Qin Yu, director of the red bean business group, last year, the company selected Kampuchea as the base for building factories from many neighboring countries, and the product will not be limited to clothing.

It is reported that Kampuchea has implemented preferential policies for foreign enterprises.

Insiders said that Kampuchea clothing should enhance its competitiveness in the international market.