AKP Phnom Penh, July 31, 2025 --

A business delegation of 16 Singaporean companies expressed strong interest in expanding their presence in Cambodia during a meeting with H.E. Hem Vanndy, Minister of Industry, Science, Technology & Innovation, in Phnom Penh on July 30 to explore investment opportunity in Cambodia.

Members of the delegation representing various sectors such as life sciences, digital learning, food processing, engineering services, and infrastructure were introduced to Cambodia’s evolving development and investment opportunities in advanced manufacturing, R&D, and technological innovation, according to the Ministry of Industry, Science, Technology & Innovation (MISTI).

Some of the companies have already established a presence in Cambodia for years and are now looking to scale up operations and explore new areas of collaboration.

“Cambodia is not a perfect market, but we are a country hungry for evolution with a pro-business government,” said H.E. Hem Vanndy. “As we prepare for LDC graduation in late 2029, we welcome long-term partnerships that support our transition toward a knowledge-based economy.”

The Minister also invited Singaporean firms to collaborate with local companies on technology, SMEs, startups, and workforce development, offering MISTI’s support in connecting them with local enterprises.

“Cambodia is not static. We are on the move, and we want you to move further with us—not just at the policy level, but through real, transformative projects,” he added.

Companies such as Keystone Cable, Vegafoods Singapore, Emaan Inspection, and Kydon Holdings highlighted their interest in local partnerships, positioning Cambodia as a growing hub for investment and innovation.

AKP