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Vietnam-Cambodia cooperation promotion at Kbal Domrey border gate economic zone Businesses at Kbal Domrey Border Gate Economic Zone, opening up many opportunities for trade. A cooperation agreement has just been signed between Vietnamese and Cambodian economic development in the border area between the two countries. Cooperation promotion: Kbal Domrey Border Gate Economic Zone (Economic Zone 747) is located in Pechreada district, Mondulkiri province, Kingdom of Cambodia, bordering with Bo Heng border post, DakLak province, Vietnam. On that basis, the first two Vietnamese enterprises, VCBI Company and VINCI E&C Technology and Construction Investment Joint Stock Company, signed a joint venture and cooperation agreement to build Kbal Domrey Border Gate Economic Zone, with Rothkiri company, Cambodia on March 23, 2023, in Pechreada district, Mondulkiri province. Witnessing the signing of the ceremony were Count Rat Sokhorn, Senior Finance Minister of Cambodia. According to the signed agreement, the two Vietnamese enterprises will invest in the development of transport and solar power systems at the 747 economic zone project. In which, there is a route 74 km long, 12 meters wide, from the site. Sre Ampoum, Krang Tes Commune, Pichreada District, Mondulkiri Province to the exit point 747. Mr. Suon Sarun, permanent vice president of Mondulkiri province, said that Mondulkiri province is the key point of the Northeastern economic region of Cambodia, bordering three provinces of Vietnam, namely Dak Lak, Dak Nong and Binh Phuoc. This is a favorable condition for the successful implementation of the Kbal Domrey Border Gate Economic Zone project, especially the development components along the border. The investment signing agreement between Vietnamese and Cambodian businesses is the first step, opening up many opportunities for trade and economic development in the border areas of the two countries promoting bilateral relations. The 747 Economic Zone project includes many investment attraction items such as: Construction of traffic routes, dry ports, wastewater treatment plants, clean water plants, general warehouses, solar power generation stations, a Trade center, petrol station, duty-free supermarket, adjacent residential area, and even put a branch of the Hollywood International Film Academy, in order to attract Hollywood celebrities to the boarder, headed by the Chairman of the Hollywood International Film Academy, H.E. Count Rat Sokhorn. In particular, Mondulkiri province is blessed with a cool, fresh climate with pristine forests and green savannahs. Therefore, the Cambodian side is planning to build nurseries for plants and flowers. Livestock farms as same as Da Lat model of Vietnam. “Kbal Domrey border gate” economic zone is in the stage of calling for investment promotion. Therefore, the Cambodian government and Mondulkiri province are very interested in to create all conditions for foreign businesses to invest and operate," Mr. Suon Sarun, added. The introduction of the 747 economic zone will narrow the gap between goods trade to major ports in central Vietnam, promote bilateral trade between Mondulkiri and Dak Lak provinces, and contribute to controlling tax evasion and illegal border in this area. At the same time, it will strengthen the friendship, peace, and development cooperation in the border area and between the governments of the two provinces of Mondulkiri, the Kingdom of Cambodia and Dak Lak province of Vietnam. for investment opportunities. email: [email protected]