PHNOM PENH, Cambodia, May 6, 2014 /PRNewswire / -- Cambodia's premier business conference is targeting Japanese investors to increase economic cooperation between the two nations.
In targeting the Japanese business community, the International Business Chamber of Cambodia (IBC), which is staging the investment conference, is echoing comments recently expressed by the Cambodian government.
According to recent media reports, Cambodian Prime Minister Akka Moha Sena Padei Techo Hun Sen told visiting Japanese Minister of the Ministry of Economy, Commerce and Industry Tishimitsu Gotegi that Cambodia was eager to have Japanese investors build factories and assist with the production of goods for export to Japan. The Cambodian premier made the comments in a recent meeting in Phnom Penh.
The IBC international investment conference will take place on October 6th and 7th at the Intercontinental Hotel in Phnom Penh. The event is expected to attract hundreds of overseas companies with an interest in investing in Cambodia.
"Cambodia is an increasingly attractive business environment for companies throughout Asia for many reasons," said IBC chairman Brett Sciaroni. "The booming Cambodian economy still represents a great investment for Japanese investors – and we will reinforce this message at the conference in October."
The conference is expected to be the biggest business event of its kind to be held in Cambodia in 2014. It is being held under the banner "Cambodia - a new era of opportunity." A sub-theme of the conference will be "Growth, Change and ASEAN Integration."
The purpose of the IBC-organised event is to attract the attention of some of the region's most influential captains of industry and business leaders. The IBC is also aiming to "turn the spotlight on Cambodia as a desirable country for international companies to invest". Integration into the ASEAN Economic Community will also be a theme.
