Thalias Hospitality

De gauche à droite, Philippe Baudry, responsable du service économique de l’ambassade de France au Cambodge et au Laos, Arnaud Darc président des CCE de la France au Cambodge, Soreasmey Ke Bin, président de la CCI France Cambodge.

French-Cambodian Business Forum underscores France’s economic interest in Cambodia

1 Shares
1
0
0

By Harrison White for the cambodiainvestmentreview.com

De gauche à droite, Philippe Baudry, responsable du service économique de l’ambassade de France au Cambodge et au Laos, Arnaud Darc président des CCE de la France au Cambodge, Soreasmey Ke Bin, président de la CCI France Cambodge.

The French business community in Cambodia is preparing to showcase over 250 companies to French business owners and investors as the French government’s foreign policy calls for more bilateral trade and investment in the Indo-Pacific.

The two-day event organized by the French Cambodian Chamber of Commerce and Industry and the French Foreign Trade Advisors will run from June 9 and 10 and is expected to attract around 100 French investors and business owners from ASEAN and France.

To read more about Cambodia’s 2022 economic outlook click here.

The forum will provide an opportunity for French companies established in the region to better understand the realities of the Cambodian market while being able to establish direct contacts with local decision-makers.

The event will also be attended by H.E Sok Chenda, Minister and Secretary-General of the Council for the Development of Cambodia and Mr. François Corbin, special representative of the Minister of Europe and Foreign Affairs for economic relations with ASEAN countries.

Cambodia is ready and open for investment
Speaking at a press conference before the forum, Mr. Arnaud Darc a well-known member of Cambodia’s French business community, commented that Cambodia was chosen for the forum due to its open borders after a strong vaccination drive.

He added that in addition to being physically open to investors the country was also, in his opinion, the most welcoming country in the region for investment and doing business in general.

“France was a cornerstone investor in Cambodia during the rebuilding of the country in the early 1990s building airports, hospitals, roads, and schools. In 2022, France is now more focused on soft infrastructure and human capacity development,” Mr. Darc said.

To read more about Cambodia’s FDI since 1994 click here.

Members of Cambodia’s press and business community ask questions about the 2022 French-Cambodian Business Forum.

French embassy representatives commented that increasing bilateral trade to Cambodia and the ASEAN region more generally was a foreign policy priority for the Emmanuel Macron government.

“We hope this forum provides the opportunity for Cambodia to highlight its favorable context for businesses, and present itself as an easy, competitive and efficient gateway for exporting to ASEAN and more generally to Asia and the world,” they added.

France promoting more investment in ASEAN
In a recent question and answers session Mr. François Corbin, who will attend the forum commented that France’s foreign policy in recent years has been to develop a strategy for the Indo-Pacific.

This strategy recognizes the growing importance of geopolitical, economic, environmental and maritime issues in this region, as well as the specific role of France, which has major territories and interests there. This strategy recognizes the central role of ASEAN, particularly in its economic component,” he said.

“I am convinced that the authorities of our country and our business community will therefore intensify their joint and synergistic approach to develop the mutual knowledge of the authorities, and of the business communities, between France and the ASEAN countries. I myself have been able to measure the very positive impact of business delegations accompanying ministerial visits. I will endeavor to develop others in the future,” he added.

Figures from the Ministry of Commerce show that bilateral trade between Cambodia and France was valued at around $456 million in 2020. Key exports for Cambodia included milled rice, textiles, footwear, travel goods and bicycles, while key imports included construction materials, electronics and pharmaceutical products.

To register for the event click here.

1 Shares
You May Also Like

April Heat Brings Juicy Treat

April is here and that means it’s Mango Season! This is a great chance to try famous Khmer mangos which are known for their sweet taste and juiciness. The mango harvest season is typically during March to April and from October to November. Mango trees have been cultivated in Cambodia thousands of years ago. It is a popular fruit usually eaten green or ripe with salt and chilli as a snack, shredded in a salad or with fish, and ripen with sticky rice as a dessert in Khmer cuisine. Eat it green, try them ripe, these stone fruits are packed…

Tradition and Evolution in Stung Treng’s Famed Ansorm Chrouk

Adapted from an article in Cambodge Mag Ansorm Chrouk cakes are traditionally made for festivals, weddings and big events, but Sophea now makes them all year round and in that way is able to provide employment for up to eight widows, retirees and children who would be able to save up for their studies In a recent article, the Phnom Penh Post celebrated the creations of Nget Sophea from Prek village in Stung Treng province. She has combined tradition and transformation in her version of Ansorm Chrouk, a steamed glutinous rice cake with pork, by mixing the rice with pandan leaf…

Wine Uby Dooby

For 3 generations, François Morel and his team have been working to give a human, environmental and sustainable orientation to the Uby estate. Located in the Gers, it takes its name from the stream that runs through the property’s land The Little Pond Terrapin The European Pond Turtle (Emys orbicularis), is a little freshwater turtle in the family Emydidae that is long lived and endemic to the Western Palearctic. In France, there is only one remaining population, making it is the most endangered reptile in the country. Climate has an effect on the survival of Pond Terrapin hatchling, which are…

Khéma’s Wine and Dine is back!

Thursday nights are for… Wine & Dine at Khéma. Gather up with your best friends and indulge in our signature Wine & Dine featuring unlimited servings of our favourite wines, All-You-Can-Eat cheese, cold cuts and much more from our generous counter for only $25 net special deal (until end of March instead of $29.90 net person). Every Thursday from 6PM to 8PM Book your favorite Khéma now https://khema-restaurant.com/reservations/

Descartes, a high school with a difference

With the rather successful celebration of its 70th anniversary, the Lycée Descartes has reaffirmed itself as the oldest, but also the most innovative French-speaking school in the capital. An exhibition of students’ work on a multitude of original subjects, dance and theater performances, and a variety of food and drink, the public was not bored for a second during this afternoon of festivities, which ended with a gala dinner attended by over 400 people. Not like the others “We are not like the others… we are not like all the international schools here… we have an identity… a history. Our…

Khmer Cuisine and Wine

Khmer cuisine is one of the world’s oldest living cuisines and one of the most resilient on the planet. Pairing wine with Khmer cuisine can be fun and can bring a great deal of enjoyment and satisfaction, although certain accepted wine pairing norms must and can be successfully abandoned Spices are often exquisite in quality, yet restrained and understated in their use. Regional flavours and dishes prevail: turmeric from Battambang, Salt from Kep, and of course Pepper from Kampot, which is internationally renowned for its intensity and unique characteristics. Saffron is valued for medicinal qualities as well as flavor and…
Back to top