Phnom penh: President of the Cambodian Senate, Samdech Akka Moha Sena Padei Techo Hun Sen, expressed his full support for the expansion of Japanese investment in Cambodia during a meeting this morning at the Senate Palace with Mr. Yoshihisa Kainuma, Chairman and CEO of Japan's MinebeaMitsumi Inc., according to H.E. Chea Thyrith, Spokesperson of the Senate.
According to Agence Kampuchea Presse, Samdech Techo Hun Sen congratulated MinebeaMitsumi Inc. on its achievements over the past 14 years of investment in Cambodia, noting that the company has become a key witness to the nation's ongoing development. He reaffirmed Cambodia's open policy toward all foreign investors, regardless of company size, and reiterated the country's commitment to fostering a welcoming business environment.
In response, Mr. Yoshihisa Kainuma thanked the Cambodian government for its continuous support and shared updates on the company's latest investment plans. He announced the upcoming opening of a large-scale factory in Pursat province this December, which will manufacture a new product set to be introduced to international markets in 2026.
Mr. Kainuma also raised concerns about the ongoing closure of the Cambodia-Thailand border, explaining that it poses challenges to the company's cross-border production chain. In reply, Samdech Techo Hun Sen praised the company's decision to expand operations to Pursat, citing the province's sufficient transport infrastructure and reliable electricity supply.
Regarding the border closure issue, the Senate President acknowledged the concern and suggested that transitional measures should be considered to facilitate the supply chains of foreign companies operating across the border.