Mondulkiri: The Special Programme to Promote Investment in the Four Northeastern Provinces (SPIN Programme) has evaluated five proposed investment projects in Mondulkiri province, which have a combined capital of approximately US$123 million and are anticipated to generate around 1,700 jobs.
According to Agence Kampuchea Presse, H.E. Pich Sambath, Undersecretary of State at the Ministry of Economy and Finance and Vice Head of the SPIN Working Group Secretariat, led last week's discussions on proposed incentives, concessions, and procedural simplifications for these projects, which took place in Mondulkiri province.
Representatives from the Ministry of Environment, Ministry of Industry, Science, Technology and Innovation, Ministry of Tourism, the Agricultural and Rural Development Bank, the Mondulkiri Provincial Administration, the provincial specialised departments, the Mondulkiri Provincial Chamber of Commerce, and relevant technical officials participated in the meeting. The five projects under review focus on agriculture and tourism, specifically the cultivation and processing of rubber and coffee, as well as the development of sacred tourism areas.
Following the meeting, the working group conducted site visits and held direct discussions with company representatives to assess technical aspects and address proposals and challenges raised by investors. The SPIN Programme's objective is to attract sustainable investment to Cambodia's northeastern region by providing targeted incentives and streamlining procedures, while also promoting job creation and local economic development.