PHNOM PENH – From 1 to 4 April 2026, a delegation from the Lao PDR Investment Promotion and Management Committee (IPMC), led by Dr. Vanthana Norlintha, Committee Member, Standing Member, Director General of the Investment Promotion and Management Committee Office (IPO), and his delegation conducted an official working visit to the Council for the Development of Cambodia (CDC). The delegation was warmly welcomed by H.E. Chea Vuthy, Secretary-General of the Cambodian Investment Board, and his delegation.
This bilateral meeting marks a significant milestone following the restructuring of the Lao PDR government and the establishment of the Investment Promotion and Management Committee in June 2025 to continue to enhance cooperation and exchange experiences between the two organizations with similar roles and organizational structures. At the same time, it is an important step in enhancing professionalism in investment promotion work to enhance the long-term strategic and comprehensive cooperation between the two countries, which was approved in 2019, and an important contribution to the development of friendly relations and good cooperation between the two countries, as well as the promotion of the 70th anniversary of diplomatic relations (15/6/1956-15/6/2026).
The bilateral meeting between the delegation of the Investment Promotion and Management Committee and the Cambodian Investment Board was held in a warm and friendly atmosphere, where the two sides presented the socio-economic development situation, the role and outstanding activities of investment promotion work in the past period, and the future plans to continue the regular exchange of bilateral meetings and visits between the two organizations. The Investment Promotion Committee of Cambodia plays an important role in promoting private investment, both domestic and foreign, to contribute to the development and transformation of the country’s economic structure by improving the level of convenience, speed and transparency to create conditions for the private sector to fully develop.
The delegation also met with the Cambodian private sector, which has potential and is interested in expanding its investment in the Lao PDR. In particular, they visited and worked with Canadia Integrated Group, a highly successful conglomerate with investments in many sectors, including banking and finance, insurance, healthcare, real estate and infrastructure development, including the developer of the Techo International Airport project. The group has already established a Canadia bank in the Lao PDR and is studying the potential for expanding its investment in other sectors in the Lao PDR. The delegation visited the Royal Group Phnom Penh SEZ in Phnom Penh to study the management model and facilitation for investors, which has contributed significantly to attracting investment in the textile industry and is a model for the development of special economic zones in many provinces across Cambodia.
