Thursday, November 24, 2011

International Economic Forum in Cambodia

By Sok Lak

The international Business Chamber of Cambodia (IBC) will organize investment and economic conference 2011 under the theme “global challenges, Cambodia’s responses” from 11 to 12 October 2011 at Inter Continental in Phnom Penh to mitigate risks of global business.

As schedule, Samdech HUN SEN, Prime Minister of the Kingdom of Cambodia will deliver his key note address in this conference,” the media release from Business Chamber of Cambodia said, adding that the program will feature plenary sessions and workshops on a range of subject such as investment climate, practicalities of doing business in Cambodia, opportunities and sector overviews like tourism, agriculture, financial services, manufacturing, banking, financial services, capital markets, energy, mineral resources, and infrastructure.

Last month, Cambodia hosts Asian challenging and economic perspectives and one of main speaker Dr. Thaksin Shinawatra, former Thai PM. The main trade partners of the country are EU, US, neighboring countries in ASEAN but it also is trying to boost with other partners like the Middle East, Russian, and other Asian countries while the global economic aspects recessed.

Total volume trade of the country was worth about over 13 billion in 2011 and in 2012 it expected to be over 15 billion while in 2010 it was about 11.7 billion. In 2011, Cambodia expects to have economic growth of 8 per cent.

Source: The Southeast Asia Weekly, October 8-15, 2011, Vol. 5, Issue 41, Page 3

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