US Businesses See Opportunities in Cambodia

(Phnom Penh) The US-ASEAN Business Council is leading a delegation of US businesses to Cambodia. The most recent visit to Cambodia by the Council was a small Mission in 2005. The number of participating companies has increased for this current Mission, reflecting the increased interest in Cambodia by the business community.

“Our delegation is here to deepen existing economic ties between the US and Cambodia and to explore new opportunities. We know Cambodia is experiencing unprecedented growth. We believe our corporations bring the wherewithal to help sustain the growth in ways that will strengthen Cambodia,” said Frances Zwenig, Counselor of the Council, who leads the delegation of nine executives of ConocoPhillips, General Electric Company, Federal Express, ITT Defense and Oracle.

During the one day mission, the delegation will meet with Minister of Post & Telecommunication So Khun, Secretary of State Dr. Kao Kim Hourn, Minister of Health Dr. Nuth Sokhom, Senior Minister of Commerce Dr. Cham Prasidh, Senior Minister of Economy & Finance Keat Chhon, and US Ambassador Mussomeli.

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For 35 years, the US-ASEAN Business Council has been the premier advocacy organization for US corporations operating within the dynamic Association of Southeast Asian Nations (ASEAN). Worldwide, the Council's membership, more than 160 companies, generate over $6 trillion in revenue and employ more than 13 million people globally. Members include the largest US companies conducting business in ASEAN, and range from newcomers to the region to companies that have been working in Southeast Asia for over 100 years. The Council has offices in: Washington, DC; New York, NY; Bangkok, Thailand; Hanoi, Vietnam; Jakarta, Indonesia; Kuala Lumpur, Malaysia; Manila, Philippines; and Singapore.