At the confluence of the Mekong River, the thread of the China Cambodia community of shared future is expanding with the flow of financial vitality. Chen Huaiyu, Chairman of the Export Import Bank of China, visited Cambodia and engaged in multi-party dialogues between government and enterprises, using investment and financing to support river sea intermodal transportation and infrastructure interconnection, continuing to write a new chapter in Silk Road cooperation.

Co draw a blueprint for development

Chen Huaiyu, Chairman of the Export Import Bank of China, went to Cambodia to conduct work research. Visited Chinese Ambassador to Cambodia Wang Wenbin during the research period; I have held talks with Cambodian Deputy Prime Minister and Finance Minister Anpong Monira, Deputy Prime Minister and First Vice Chairman of the Development Council Sun Zhantuo, Minister of Public Works and Transport Binboni, Chairman of Funan Dezo River Sea Intermodal Transport Co., Ltd. Yin Sunli, and shareholder representatives. I also had discussions with representatives of Chinese funded enterprises stationed in Cambodia.

During the exchange with the Cambodian Ministry of Economy and Finance, Chen Huaiyu expressed that the Export Import Bank of China attaches great importance to long-term friendly cooperation with Cambodia, is willing to export high-quality financial services, vigorously promote bilateral trade and investment activities, promote the implementation and operation of key projects, expand mutually beneficial cooperation in the fields of economy, trade, and livelihood, and help China Cambodia cooperation reach a new level.

During the meeting with the Development Council of Cambodia, Chen Huaiyu proposed that the Export Import Bank of China will continue to provide financing guarantees for key projects in Cambodia, assist in the construction of economic corridors, and fully unleash the comprehensive benefits of the projects. Both sides can explore cooperation opportunities in emerging fields such as green energy and digital agriculture in the future, injecting new momentum into bilateral relations.

Build benchmark projects

During a meeting with the Cambodian Ministry of Public Works, Chen Huaiyu mentioned that the Export Import Bank of China and Cambodia have achieved fruitful cooperation results in the field of infrastructure connectivity. In the future, the bank is willing to continue to export experience in large-scale project investment and financing, optimize resource allocation, provide full process financial services for key projects, ensure the high standard promotion of projects, and strengthen the hardware support for practical cooperation between China and Cambodia.

During the meeting with Funan Dezuo Jianghai Intermodal Transport Co., Ltd., Chen Huaiyu introduced the latest progress of financing for the Funan Dezuo comprehensive water conservancy project and provided relevant suggestions for future key work. He said that the Bank would take the initiative to do a good job in front of the service and work with all parties to build the project into a benchmark demonstration project for China Cambodia to jointly build the the Belt and Road. Keywords: Cambodia, infrastructure, Chinese enterprises, the Belt and Road news

Escort Chinese capital to go global

During the discussion and exchange with representatives of Chinese funded enterprises stationed in Cambodia, Chen Huaiyu gained a detailed understanding of the opportunities, challenges, and financial service demands encountered by the enterprises in deepening their cultivation in the local market. He proposed that banks will improve the linkage mechanism between banks and enterprises, innovate cooperation paths, rely on diversified financial products to help Chinese enterprises localize their operations, and work together to create a new model of regional industry finance cooperation.Editor/Gong Ziwei