CCCA aims to lure more regional investment into Kingdom

CCCA aims to lure more regional investment into Kingdom

 

Cambodia Chinese Commerce Association (CCCA) and Oriental Bank jointly organised a networking event for regional entrepreneurs and investors to attract more investment into the Kingdom.

The event held at the Urban Village showroom was chaired by the founder and honorary Chairman of CCCA, Dr Ben Li along with Dr Albert Tan, President of the Asia Pacific Top Excellence Brand Committee (APC), Anthony Galliano, Group Chief Executive Officer of Cambodian Investment Management and Lee Yuen Fat, Chairman of Hong Kong Federation of Innovation Technologies Manufacturing.

International entrepreneurs, businessmen operators and investors from different countries including Singapore, Taiwan, Malaysia, China and the US attended the event.

Anthony said, “The country is not solely a United States-driven initiative, it is in fact embraced by a number of western countries. For the US, decoupling or de-risking from China cannot succeed without Europe’s support.”

He continued, “I believe that there will not be a de-risking, which is terminating or restricting business relationships indiscriminately. De-risking carries negative connotations of unnecessary exclusion while decoupling is less confrontational and largely involves discouraging imports to safeguard or repatriate US jobs, ensuring the safety and security of America’s civil and military infrastructure.”

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Author: Nhean Chamrong

Publication Date: 21 December 2023

Source: Khmer Times