PHNOM PENH: On Thursday, May 18th, 2023, Innovation and Development Investors Associations “IDI” and ID Capital Plc. “IDC”, represented by Mr. Chab Sopheak, Secretary General of IDI and CEO of IDC. Prepared a memorandum of understanding with CONTINENT ASSET MANAGEMENT (CAM) represented by Mr. Sok Vandy, project director. Under the presidency H.E Chea Kok Hong, vice chairman of BOD and EDF secretary general of IDI.
Through this Memorandum of Understanding, the two institutions will work together to establish a comprehensive forum to support investment from international markets to the Kingdom of Cambodia to contribute to the promotion of sustainable economic growth through investment flows and job creation. Request for investment policy from relevant institutions.
The support forum will provide services on:
1) Request for investment policy from relevant institutions.
2) Investment project development and implementation.
3) Matching business or business partners.
4) Creating a new business in the Kingdom of Cambodia, which includes location search, business registration, management and human resource management, marketing, accounting, and finance.
Following the signing of the MoU, the two companies will draft a plan to enter the market and attract foreign investors, especially those from China to invest in industry and real estate. In addition, the two companies will sign trade agreements to generate revenue for both parties.
CAM is a real estate and investment policy consulting firm that helps clients and partners reap the benefits of industrial relocation and real estate investment in Cambodia.