Phnom Penh Mayor: Public Security Is Key to Attracting Investment

On January 25, the YOUPIN shopping mall in Phnom Penh officially opened, with Phnom Penh Mayor Khun Seang attending the ceremony and delivering a speech. He stated that Cambodia’s long-term social stability and public security have significantly strengthened investor confidence, attracting increasing levels of domestic and foreign investment. The mayor emphasized that maintaining peace and stability requires collective effort from society and must be safeguarded at all costs.

He noted that over the past 28 years, under the “win-win policy” proposed and implemented by former Prime Minister Hun Sen, Cambodia achieved nationwide peace, laying a solid foundation for economic and social development. In recent years, the country’s economy has continued to grow, national strength has increased, and foreign trade has expanded steadily. Ongoing infrastructure development has also created favorable conditions for high-quality growth. Khun Seang added that the government aims to achieve high-income country status by 2050, a goal shared by the Cambodian people.

Regarding the newly opened YOUPIN mall, he said the project reflects rising investor confidence. It is expected to boost economic growth, attract more tourists to Phnom Penh, and enhance the city’s vitality. The municipal government, he said, remains committed to supporting investors. He also instructed local authorities across 14 districts and 105 communes to strengthen public security, order, and environmental management to create a safe and livable city for further investment.

At the same event, Li Kunthai, advisor to Prime Minister Hun Manet and chairman of the Cambodian Investors Chamber Alliance, said the completion of the YOUPIN mall demonstrates strong confidence in the government’s development direction and highlights Cambodia’s improving investment climate.