24 company executives from Japan met with Cambodian business counterparts this week in Phnom Penh at Cambodia-Japan Business Matching to identify investment opportunities across key sectors.
“The business matching helped enable foreign investors to learn more about the investment opportunities, regulatory framework, and get connected with Cambodian investors,” said ACLEDA Bank President In Channy.
An attractive investment destination due to supportive foreign investment law, “investors will be able to find suitable investment opportunities in an environment that is conducive to growth and local entrepreneurs can learn more from their overseas counterparts,” he emphasised.
Organised on 25 April at ACLEDA Bank headquarters by Japan Cambodia Association (JCA), the second annual business matching serves as a platform for Japanese investors to learn from one another, get access to information on economic conditions, and visit Cambodia in person.
“This is an important event that could potentially attract more investments into different sectors, bring technical know-how, and more employment opportunities into Cambodia.”
The first event first took place in 2019 and was postponed until this year due to the global Covid-19 pandemic. Thanks to Cambodia’s effective measure, the nation is ranked second in the world in terms of COVID-19 management and recovery.
Cambodia’s economy is projected to grow at a rate of 5.3% in 2022 and 6.5% in 2023, according to the Asian Development Bank (ADB).
For more information:
Neth Piseth, SVP & Head of Financial Services Division
Tel: 015 700 111