Deadly Collision Claims 67 Lives in U.S. Air Disaster | At Least 30 Dead and Many Injured in Stampede at Maha Kumbh Mela in India | Chinese President Xi Jinping Affirms Cambodia's Role as a Key Partner in China’s Diplomatic Strategy | Xi Jinping Concludes State Visit to Cambodia, Strengthening Bilateral Ties | Chinese President Xi Jinping Concludes Successful State Visit to Cambodia | Chinese Ambassador: US-China Trade Tensions Harm Developing Nations; President Xi Urges Investment in Cambodia and Expanded Market Access | Japanese Maritime Self-Defense Force Ships Bungo and Etazima Dock at Ream Sea Base for Four-Day Visit | Prime Minister Hun Manet Expresses Displeasure Over Criticism of Chinese Investments During Kampot International Tourist Port Inauguration | Asian Development Bank Collaborates with Cambodia on New Development Projects Worth Over $1 Billion |
Deadly Collision Claims 67 Lives in U.S. Air Disaster | At Least 30 Dead and Many Injured in Stampede at Maha Kumbh Mela in India | Chinese President Xi Jinping Affirms Cambodia's Role as a Key Partner in China’s Diplomatic Strategy | Xi Jinping Concludes State Visit to Cambodia, Strengthening Bilateral Ties | Chinese President Xi Jinping Concludes Successful State Visit to Cambodia | Chinese Ambassador: US-China Trade Tensions Harm Developing Nations; President Xi Urges Investment in Cambodia and Expanded Market Access | Japanese Maritime Self-Defense Force Ships Bungo and Etazima Dock at Ream Sea Base for Four-Day Visit | Prime Minister Hun Manet Expresses Displeasure Over Criticism of Chinese Investments During Kampot International Tourist Port Inauguration | Asian Development Bank Collaborates with Cambodia on New Development Projects Worth Over $1 Billion |

Cambodian Commerce Minister Advocates for Increased Global Investment

  • Posted Jun 10, 2024 11:34 by EAC News
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PHNOM PENH, June 5, 2024 - At the JCI ASPAC (Junior Chamber International Asia and Pacific) Business Dialogue and Matching event this morning in Siem Reap, Cambodia’s Commerce Minister, Mrs. Cham Nimul, made a compelling case for the vast investment opportunities available in Cambodia.

Hosted under the theme "Business Opportunities in Cambodia," the event saw collaborative discussions led by Sok Soken, Minister of Tourism, alongside various key stakeholders.

During her opening speech, Mrs. Cham Nimul outlined the robust and dynamic business environment in Cambodia, noting the country’s impressive average economic growth of over 7% annually over the past two decades. She credited this growth to Cambodia’s political stability, sound economic policies, and the government’s commitment to fostering public-private partnerships.

The Minister emphasized that the Cambodian government is keen on enhancing the domestic regulatory frameworks to boost business competitiveness and improve the overall business landscape. She invited investors to capitalize on Cambodia’s economic vitality, strategic geographic positioning, and its strides in digital technology.

“Cambodia is open for business, ready to welcome investors looking to tap into our growing economy, strategic location, or cutting-edge digital advancements,” stated Mrs. Cham Nimul.

Highlighting digital transformation as a cornerstone of the nation’s development agenda, Mrs. Cham Nimul pointed to several key initiatives: the Cambodia Data Exchange (CAMdx), verify.gov.kh, the National Single Window, CambodiaTrade.com, and the Cambodia Digital Economy and Society Policy Framework 2021-2035. She also mentioned the Digital Skill Development Road Map (2024-2035) and innovative digital payment systems like Bakong, illustrating the country’s focus on leveraging digital technologies to boost efficiency, transparency, and competitiveness in the global market.


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