Siem Reap : Cambodian Minister of Commerce Seeks Investment Boost

At the 2024 JCI ASPAC (Junior Chamber International Asia and Pacific) Business Dialogue and Matching event held in Siem Reap saturday morning, Cambodia's Minister of Commerce, H.E. Mrs. Cham Nimul, promoted potential investment opportunities in Cambodia.

Cambodia's Minister of Commerce, H.E. Mrs. Cham Nimul

The event, entitled "Business Opportunities in Cambodia," was held under the co-chairmanship of His Excellency Sok Soken, Minister of Tourism of Cambodia, with numerous relevant stakeholders in attendance.

In her keynote remarks, H.E. Cham Nimul highlighted Cambodia’s business climate as vibrant and full of potential. She noted that over the past two decades, Cambodia has achieved remarkable economic growth, averaging over 7% annually.

This success is built on a foundation of political stability, sound macroeconomic policies, and a proactive government that understands the value of public-private dialogue. The Royal Government of Cambodia is actively working to develop domestic regulatory frameworks to facilitate competitive business operations and improve the business environment in Cambodia. She encouraged investors to explore the vast potential that Cambodia offers.

“Whether you are looking to invest in our rapidly growing economy, take advantage of our strategic location, or leverage our digital advancements, Cambodia welcomes you with open arms,” H.E Cham Nimul emphasised.

The Minister also highlighted that digital transformation is at the heart of Cambodia’s development strategy. Therefore, Cambodia recognises that embracing digital technologies is essential for enhancing efficiency, transparency, and competitiveness.

2024 JCI ASPAC (Junior Chamber International Asia and Pacific) Business Dialogue and Matching event held in Siem Reap saturday morning

In this context, the Royal Government of Cambodia has launched several initiatives, including the Cambodia Data Exchange (CAMdx), verify.gov.kh, the National Single Window, CambodiaTrade.com, the Cambodia Digital Economy and Society Policy Framework 2021-2035, the Digital Skill Development Road Map (2024-2035), and digital payment systems (Bakong).