PHNOM PENH: A high-level meeting convened on July 26, 2024, at Sofitel Hotel to deliberate on the establishment of an International Financial Center (IFC) in Preah Sihanouk Province.

Key stakeholders, including the Secretariat of the Master Plan to Develop Preah Sihanouk Province into a Model Multi-purpose SEZ, led by H.E. Chea Kok Hong, and the General Secretariat of Non-Bank Financial Services Authority, headed by H.E. Mey Vann, participated in the discussions. Representatives from Canopy Sands Development Company were also present.

H.E. Chea Kok Hong provided strategic insights to shape the IFC’s development. His recommendations focused on aligning the project with the broader vision of transforming Preah Sihanouk into a regional economic hub. By fostering high-end tourism and financial services, the IFC is expected to attract substantial foreign investment into the province.

The meeting underscored the commitment of government and private sectors to collaborate on this ambitious project. The IFC is seen as a catalyst for economic growth and development in Preah Sihanouk and the surrounding region.