Kuwait City:Tanmia Global Strategic Development Advisory (TGA), a Kuwaiti state-owned enterprise, is exploring investment opportunities in Cambodia, focusing on oil and gas, renewable energy, and green technology sectors.
According to Agence Kampuchea Presse, the investment plans were discussed during a meeting at the Cambodian Embassy in Kuwait City between Ambassador H.E. Chhay Makara and TGA's Managing Director Najeeb Al-Menifi on October 15. Mr. Al-Menifi outlined TGA's interest in offshore and onshore oil and gas exploration, fuel storage, refining, solar power, energy storage systems, and green industrial technologies, including solar components and advanced battery manufacturing.
The discussions also covered potential projects in logistics, cold-chain storage, and solar-powered water purification systems. Ambassador Chhay Makara expressed support for TGA's initiatives, noting their alignment with Cambodia’s national development priorities and the government’s commitment to attracting sustainable foreign direct investment.
Ambassador Makara also briefed the Kuwaiti delegation on Cambodia's investment laws, emphasizing priority sectors, streamlined procedures, fiscal incentives, and guarantees for international investors. In response, Mr. Al-Menifi confirmed that a TGA delegation plans to visit Cambodia to assess opportunities and study investment procedures on-site.
Ambassador Makara assured the Kuwaiti firm of full diplomatic support to facilitate engagements with relevant Cambodian ministries and agencies.