On 10 October 2024, Prime Minister Samdech Moha Borvor Thipadei HUN Manet delivered a keynote address at the Networking Breakfast Session with the Prime Ministers of Cambodia, Lao PDR, and Viet Nam, during the ASEAN Business & Investment Summit (ABIS) 2024.
In a significant development for regional cooperation, Cambodia joined forces with its Lao and Vietnamese counterparts to promote private-public partnerships for a sustainable future. The address highlighted the importance of engaging with the private sector in national development, particularly in areas such as economy, infrastructure connectivity, trade, tourism, energy, and digital sectors.
Samdech Thipadei HUN Manet emphasized the significance of ASEAN, which has become a beacon of hope and a driver for global growth due to its sustained peace and stability. He expressed optimism about growing business interest from other Member States in Cambodia, Lao PDR, and Viet Nam, all situated within the ASEAN region.
During the session, the Prime Ministers of the three countries shared perspectives on regional development, emphasizing the need to deepen economic linkages, enhance public-private partnerships, and foster sustainable development. The address also stressed the importance of continued interaction with the private sector in promoting national development.
The Royal Government of Cambodia has adopted a pro-business approach, providing support to the private sector at all stages of their business operations. Samdech Thipadei warmly welcomed investors and businesses to the Kingdom of Cambodia, highlighting its attractiveness and favourable business environment.
Key Takeaways:
- Cambodia joins Lao PDR and Viet Nam in promoting private-public partnerships for sustainable development.
- ASEAN is highlighted as a beacon of hope and driver for global growth due to its sustained peace and stability.
- The three countries emphasized the importance of engaging with the private sector in national development, particularly in areas such as economy, infrastructure connectivity, trade, tourism, energy, and digital sectors.
In conclusion, Cambodia’s emphasis on promoting private-public partnerships aligns with its pro-business approach and underscores the country’s commitment to regional cooperation. As ASEAN continues to grow, Cambodia’s role in driving economic growth and sustainable development will be crucial for the region’s future success.
Last Updated: October 13, 2024