Dubai Chamber of Commerce organized 189 business meetings between Dubai and Cambodia companies
PHNOM PENH, 29 November / WAM / The Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, concluded the activities of its trade mission to Malaysia and Cambodia by organizing 189 bilateral business meetings in the Cambodian capital, Phnom Penh, between companies from Dubai and their counterparts in Cambodia, with the aim of examining opportunities for concluding new partnerships in a wide range of sectors.
Within the framework of the mission program, the Chamber held a “Doing Business with Cambodia” business forum, in cooperation with the UAE Embassy in the non-resident Kingdom of Thailand in Cambodia, the Ministry of Commerce of Cambodia, the Cambodia Chamber of Commerce, and the Cambodia Development Council.
The forum was attended by His Excellency Tikrith Kamrang, Minister of State in the Ministry of Commerce of the Kingdom of Cambodia, His Excellency Nik Oknha Kith Meng, Chairman of the Cambodian Chamber of Commerce and Chairman of the ASEAN Business Advisory Council – Cambodia, in addition to Salem Al Shamsi, Executive Vice President of International Relations at Dubai Chambers, while His Excellency Son Soval, Deputy Secretary-General of the Cambodian Investment Management Board at the Cambodia Development Board, gave an introductory presentation on investment opportunities in the Kingdom of Cambodia. His country.
More than 357 senior officials, business leaders, and representatives of local companies participated in the forum, to explore prospects for cooperation and joint work opportunities between members of the trade mission delegation from Dubai companies and their counterparts from the business community in Cambodia.
Salem Al Shamsi, Executive Vice President of International Relations at Dubai Chambers, said: “We are keen to enable Dubai companies to build close partnerships in international markets, and open the doors to more opportunities for external expansion, which enhances the sustainability of the growth of the business community in the emirate and consolidates Dubai’s role as a leading business center on a global level.”
The Dubai Chamber of Commerce, through an introductory presentation during the forum’s activities, highlighted the dynamic business environment that Dubai provides, in addition to the competitive advantages available to Cambodian companies in the various business sectors in the emirate, in addition to the opportunities to move from Dubai to promising regional markets.
The Cambodia Development Council gave an introductory presentation on the components of the Cambodian economy, the business system, development strategies and plans, commercial companies, and investment opportunities available to foreign companies and investors in Cambodia.
The Dubai Chamber of Commerce has identified a group of promising sectors for trade between Dubai and Cambodia, including aluminium, iron and steel, beverages, beds and furnishings, in addition to aircraft and spacecraft parts.
The promising investment sectors for Dubai companies in Cambodia include tourism and travel, hotels and restaurants, transportation and storage, textiles, consumer products and home appliances, in addition to the construction and infrastructure sector.
Representatives of private sector companies in Dubai specializing in a variety of sectors participated in the activities of the trade mission to Malaysia, including the construction and building materials sector, engineering services, retail, clothing, textiles, and cosmetics, in addition to consumer goods trade, the health care sector, and the oil and gas sector.
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