On the morning of August 14, under the leadership of Chairman Yu Li, the delegation of DOMI Biotechnology Co., Ltd. went to the Peace Building of the Prime Minister’s Office to visit H.E Preap Kol, and the two sides had a friendly and close conversation on the investment environment in Cambodia, especially the investment projects such as seeking to inspect agricultural planting and factory construction in Cambodia.
The delegation also participated in the symposium, including M. KEN LO vice president The Cambodia China Friendship Collaboration Association, Mr. Tong Jitao, chairman of X Capital Investment Company, Ms. EAR SOPHEA CEO of X Capital Investment Company, and Mr. Lin Youyuan, chief representative of the Greater China Region of the Cambodia-China Friendship and Cooperation Promotion Association.
H.E Preap Kol extended a warm welcome to the delegation. He introduced that the 7th Royal Government, under the leadership of Prime Minister Hun Manet, attaches great importance to the opening up of foreign investment promotion policies, making Cambodia a new hot spot for Chinese enterprises to invest. Among them, Cambodia has a very large number of young workers, which is an important catalyst for the development of the national economy.
H.E Preap Kol expressed his strong support and welcome for DOMI Biotechnology Co., Ltd.’s intention to enter the Cambodian agricultural sector, especially for the cultivation and processing of coconut and durian. He introduced that Cambodia has a lot of land for the development of agriculture, especially the fertile land, which is suitable for the development of agricultural planting. On the other hand, Cambodia has received preferential tariffs for exports to Europe, United States and other international markets, and the Royal Government has been providing preferential policies for foreign investment to encourage foreign investors to invest in Cambodia.
At the ceremony, Chairman Mr. Yu Li expressed his heartfelt gratitude to H.E Preap Kol for receiving the delegation despite his busy schedule. He introduced that DOMI Biotechnology Co., Ltd. focuses on the production of fruits and beverages, mainly exporting fresh agricultural products and deep-processed products to China, United States, Australia, the Middle East and Italy.
He introduced that the delegation visited Cambodia this time, focusing on the potential and investment opportunities of coconut and durian planting, primary processing and deep processing. After the inspection in recent days, it was found that Cambodia has great potential for agricultural development, especially the obvious advantages of continuous planting land and fertile land, which is a very good investment opportunity for the company.
He revealed that in addition to investing in the cultivation of fresh fruits such as coconut and durian in Cambodia, the company will also invest in the establishment of primary processing and deep processing plants in Cambodia for export to China, United States, the Middle East and other international markets.
At the meeting, the delegation consulted Cambodia’s investment environment, labor force, preferential tariffs, land situation, etc., and received detailed answers from H.E Preap Kol
