(Posted by CAAI News Media)
WAM Phnom Penh/Cambodia, Oct 17th, 2009 (WAM)--UAE Economy Minister HE Sultan bin Saeed Al Mansouri has met Cambodian Prime Minister Hun Sen in the Cambodian capital, Phnom Penh, where they discussed potential resources of each side to explore setting up of joint investment ventures, particularly in the field of irrigation, agricultural land reclamation and telecommunications.
The Cambodian PM hailed the progress being experienced by the UAE, stressing that his country was looking forward to strengthening strategic relations with the UAE through wooing investments into Cambodia.
On his part, Al Mansouri lauded the plans of the Cambodian government to build distinguished relations with the UAE, indicating that promising investments opportunities have been explored during the visit.
Earlier, the UAE minister met with Cambodian Agricultural Minister and discussed cooperation between the two countries, focusing on the agricultural land reclamation for long term investment. It has also been agreed to set a team to study opportunities in the agricultural sector in Cambodia.
The Cambodian minister welcomed the UAE plans of the land reclamation in Cambodia, indicating Cambodia will be a partner to the UAE in regard to the agriculture.
Al Mansouri underscored that "we look forward to building strategic food reserve to achieve food security and supply the whole region, adding that Cambodia will be "our strategic partner for achieving the strategic food security.