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 |

PM Hun Sen Introduces "1 Plus" Investment Concept to World Economic Forum Regional Program Director

  • Posted Mar 3, 2022 13:26 by Hun Sirivadh
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PHNOM PENH: Prime Minister Hun Sen met with the Asia-Pacific Program Director and Executive Member of the World Economic Forum (WEF), Joo-Ok Lee, at the Peace Palace on Thursday morning, where he introduced and expressed his views on the non-concentrated investment concept, "1 Plus", in which neighboring countries can solve help solve the problems faced by one country in crisis and also help provide replacement work to maintain the supply of goods.

The Prime Minister also drew the WEF Regional Program Director's attention to the development of the digital sector in Cambodia.

Joo-Ok Lee congratulated Cambodia on its great development and also said that if there was no outbreak of Covid-19, Cambodia would have grown even more.

He confirmed to the Prime Minister that the WEF will be held in June 2022 and accepted Prime Minister Hun Sen’s recommendations to include in the concept of this meeting.

The WEF is an international non-governmental lobbying organization based in Cologne, Geneva, Switzerland, and was founded on 24 January 1971 by German engineer and economist Klaus Schwab. Most of the WEF’s funding comes from its 1,000-member companies, which generate more than $5 billion dollars in public subsidies for their mission of "improving the state of the world with the participation of business, politics, education and social leaders to set the global, regional and industrial agenda."


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