Eximbank opens $26.7 mln credit line to support Hungarian-Cambodian partnerships
Hungaryʼs Eximbank is opening a $26.7 million credit line to support partnerships between Hungarian and Cambodian companies, Minister of Foreign Affairs and Trade Peter Szijjártó told Hungarian news agency MTI today, speaking on the telephone from Phnom Penh.
“Itʼs apparent that our Western and Central European friends are becoming more and more interested in Cambodia. We cannot stay out of this race,” Szijjártó said.
Cambodia is struggling with a big deficit in its food processing industry and is inviting Hungarian investments in livestock farming and the meat industry, he said. The country is also interested in Hungarian software, medical technology and water management solutions, he added.
MET Group Records 2nd Most Profitable Year in 2023
Gov't Considering Fuel Price Intervention
Wienerberger Lays Cornerstone of HUF 12 bln Concrete Tile Pl...
Tribe Hotel Budapest Stadium Recognized at LIV Hospitality D...
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
