Source: FN
Cambodian Prime Minister Hun Sen announced that Cambodia has taken five sharp measures to boost investment and trade in the kingdom, speaking at the 8th Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy Summit (ACMECS) CEO Forum on Friday.
The five measures include: (1) promoting trade facilitation by implementing one-window service toll, automatic and simplified custom procedures; (2) enhancing physical and digital connectivity by innovating ports, building expressways, and promoting public private partnership (PPP); (3) reducing electricity price; (4) establishing SMEs banks and Cambodia Development Entrepreneurship Fund; and (5) taking the best advantages of digital economy by strengthening institutional, structural, and human resource capacity building.
The forum was attended by leaders from ACMECS member countries, major investors, development partners, representatives of chambers of commerce, members of the ASEAN Secretariat, key international financial institutions and other relevant officials.
Prime Minister Hun Sen invited CEOs and investors to learn about investment opportunities in Cambodia, Government’s proactive policy reforms, especially of economic, trade and investment, as well as the development of physical and digital infrastructure in response to the bettered investment climate and competitions in Cambodia.
The premier led a delegation to attend the 8th ACMECS and will also chair the 9th Summit of Cambodia-Laos PDR-Myanmar and Vietnam (CLMV) to be held from June 15-16, 2018 in Thailand.