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President wraps up Cambodia visit, pledges investment

Update: June, 17/2016 - 12:03

President Trần Đại Quang visits  Unnalom pagoda during his visit to Cambodia. — VNA/VNS Photo Nhan Sáng

PHNOM PENH — President Trần Đại Quang and his encourage concluded their two-day State visit to Cambodia yesterday afternoon. 
In the morning the President paid courtesy calls on the Great Supreme Patriarch of Mohanikaya sect Tep Vong at Unnalom pagoda and the Great Supreme Patriarch of Dhammayuttika sect Bour Kry at Say Pope pagoda. 
He expressed his belief that with Tep Vong at the helm, Cambodia’s Buddhism would increasingly flourish, and with his role and prestige, the host would make more positive contributions to the solidarity, friendship and neighborliness between Việt Nam and Cambodia
Tep Vong welcomed the visit, which was expected to tighten bilateral friendship and cooperation. 
Meeting Bour Kry, the Vietnamese leader affirmed that the Vietnamese Party, State and people would do their best to nurture the traditional friendship between the two nations. 
He hoped that Bour Kry would continue educating Buddhists and the Cambodian people about the tradition of bilateral ties. 
The host, for his part, said Cambodian Buddhists wished for peace, prosperity and development for Cambodia and Việt Nam, and for Southeast Asia in general.
Also in the morning, Quang held a meeting with representatives of Vietnamese businesses operating in Cambodia
Speaking at the event, the State leader spoke highly of the role of Vietnamese investors and the Association of Vietnamese Investors in Cambodia (AVIC), saying that successful joint projects in trade, investment and tourism have increased the State budget and created more jobs in Cambodia, thereby contributing to the bilateral co-operation. 
The Vietnamese Party, State and Government would continue devising strategies and adopting effective measures to facilitate long-term business operations in Cambodia and encourage Vietnamese investment in the neighboring country, along the the principle of equality and mutual benefit, he said. 
He also urged Vietnamese firms to improve their business efficiency in Cambodia, abide by the host country’s law and contribute to its social welfare. 
According to the AVIC, Việt Nam has invested US$3.2 billion in 172 projects in Cambodia, becoming the fifth largest investor in the country, mostly in the fields of finance-banking, energy, mining, agro-forestry and telecommunications. 
Vietnamese tourist arrivals to Cambodia have grown and Việt Nam has been among the top sources of visitors to the country over the past five years. 
The President also presented a $1 million vocational training school to Prey Veng province. 
A joint statement was issued at the end of the visit.

The full text of the joint statement can be read at — VNS

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