PHNOM PENH: The Cambodia Chamber of Commerce (CCC)’s Melbourne Office has pledged to promote the investment between Cambodia and Australia.
Mr. Tan Sith Tee, President of CCC’s Melbourne Office, made the pledge during a courtesy meeting with Samdech Moha Borvor Thipadei Hun Manet, Prime Minister of the Kingdom of Cambodia.
He told Samdech Thipadei of his visit to Cambodia, the purpose of which is to learn more about business and investment potential and opportunities in Cambodia and the Royal Government of Cambodia (RGC)’s investment attraction policies.
The CCC’s Melbourne Office president would also like to seek opportunity to promote and connect investment ties between Cambodian and Australian private sector, especially in the areas of food processing and agriculture.
For his part, Samdech Thipadei Hun Manet extended warm welcome to the delegation and congratulated Mr. Tan Sith Tee on his election as President of the CCC’s Melbourne Office.
The Premier spoke highly of the establishment of CCC’s Melbourne Office, stressing that it is a good advancement to link the government and government as well as business and business between both countries, which will facilitate business and investment activities and connect their investors.
Samdech Thipadei Prime Minister also highly valued the role of private sector as a key partner and operator in contribution to Cambodia’s socio-economic development. He highlighted policies to ensure a better business environment and Cambodia’s competitiveness through the implementation of investment law and the adoption of flexible mechanisms to provide support and respond to the needs of investors and the private sector in Cambodia.
The Prime Minister mentioned about Cambodia’s free trade agreements with many countries, both bilaterally and within ASEAN, and the Regional Comprehensive Economic Partnership (RCEP) which constitute a potential for investment in Cambodia. He reaffirmed the RGC’s commitment to ensure stability, safety and security for all investors in the country as well as its commitment to training skills for industrial sector such as automobile, electronics, digital and technology.
Besides, Samdech Thipadei Hun Manet encouraged the CCC’s Melbourne Office to study business and investment opportunities on potential sectors including agriculture, agro-industry, renewable energy, digital, education, and health, and to cooperate with Cambodian relevant ministries and institutions to disseminate business and investment opportunities between Cambodia and Australia.