$1.3m SEZ Japanese Restaurant Opens Doors

June 3rd, 2013 , The Phnom Penh Post

In a $1.3 million investment, a new Japanese restaurant opened in the Phnom Penh Special Economic Zone (PPSEZ) last week amid the large presence of Japanese companies in the area.

The 1,000-square-metre Tokyo Restaurant looks to “help to [showcase] the culture of Japanese food, and provide jobs for Cambodians,” said Morihiro Iijima, CEO of Keiaisha Company, which owns the restaurant. He also believes the restaurant would contribute to boosting business in the zone. …

Hor Kimsay

Cambodia-Japan trade volume up 14% in 3 months

May 14th, 2013 , Xinhuanet News

Bilateral trade volume between Cambodia and Japan had amounted to 180 million U.S. dollars in the first three months of this year, up 14 percent compared with the 158 million U.S. dollars at the same period last year, a report of the Japan External Trade Organization (Jetro) showed Tuesday. …

During the January-March period this year, Cambodia’s exports to Japan was worth about 128 million U.S. dollars, up 24 percent from 103 million U.S. dollars at the same period last year, while Japan’s exports to Cambodia valued at 52 million U.S. dollars, down 5 percent from 55 million U.S. dollars, the report said. …

Japan is one of the largest aid providers to Cambodia, but trade and investment ties between the two nations remain low. …

On the investment side, Japanese investors had invested about 300 million U.S. dollars in Cambodia in the last 3 years, according to a record released by Japanese Embassy to Cambodia in January.

Xinhuanet Staff