Thursday, June 22, 2006

Hun Sen just woke up: wants to improve investment climate

June 22, 2006
Cambodia seeks to further improve investment climate

Cambodian Prime Minister Hun Sen on Wednesday calls for more and comprehensive reforms to further improve investment climate conducive to both domestic and foreign businesses.

The premier made the remarks at the 10th Government-Private Sector Forum, attended by government senior leaders as well as representatives of private sector and diplomats.

"Today's forum is an broaden plenary cabinet meeting for us all, " the premier said.

Hun Sen said that the government will maintain macroeconomic stability, which he called as "the basic and most important factor in achieving the ultimate objective of the royal government to reduce the poverty among our people."

Moreover, the premier said the year 2006 "is the year in which the comprehensive reform in all sectors will be furthered, especially the public reform, private sector development reform, judicial reform, land management, the promotion of agriculture sector, agro-industry and small and medium enterprises.

During the forum, the positive results have reviewed and some new key issues and challenges that need to be addressed were raised. The Government-Private Sector Forum was established by Prime Minister Hun Sen and the 1st forum was convened on December, 1999.

The outcomes and outputs coming out of all the 10 forums were of strategic an operational values, according to Financial Minister Keat Chhon at the forum.

The outcomes include the reduction of under-table payments, the amendments of Law of Investment, Law on Taxation and Law on Concession to attract private sector participation in building infrastructure.

Source: Xinhua

8 comments:

Anonymous said...

Only two group of people who want to invest in Cambodia;
1-a group of idiots.
2-a group of mafias

Anonymous said...

Before you invest your monies into Cambodia, all the sharks ministers are very sweet with you. But once your monies have already in Cambodia, your life will be numbered by these sharks ministers. They will kill you to take your monies.

Anonymous said...

what! did the stock market when up today? yeah after all that investment and look what happen to the country now. Cambodian out there beware of investment, they are destroying cambodia natural resources and the people left with nothing but desperation. Do you ever want to be slave for the rest of your life? your country why let others control it!

Anonymous said...

I had been trying to invest in Cambodia for so many years and I gave it all up long time ago! The corruption is still there! I would never believe AH HUN SEN for one word as long as he is still in power! I just feel sorry for those poor Cambodian people who need job!

The philosophy of AH HUN SEN is that you investors come to Cambodia and put down your money and you lost some money and now you go back home or marry a very young Cambodian woman! What the fuck is this philosophy! I am just waiting until this bastard step down from power!

Anonymous said...

I never heard that!

Anonymous said...

Oh really? Well now you do! I am sicken tired of paying AH HUN SEN official under the table. Man! I am using my start up business money to pay those mother fukcers! They can kiss me from now on!

Anonymous said...

I know a bout the corruption, but not marry a young woman.

Uh$#@#$%^&&&&&***ffff/?///?????

Anonymous said...

To 2:20am

Ok! You don't believe me! Now think this way after you have lost some your money and see your business go down the drain! You have a sinking feeling that nothing can be change because of the circumstance! You have lost all hope and you are far away from home and you feel lonely because it seems that nobody in the world understand how you feel and so you look around and to find some comfort! You know what there are plenty of young pretty Cambodian women willing to comfort anybody at the right price! How about spend the rest of the business money on a very beautiful young Cambodian women who could potentially be your future wife! So what if I have another wife or children already!

For many Cambodian businessmen living oversea are dumping their old wife and taking a very young pretty looking Cambodian wife! This is not a joke but it is a reality! Somebody better prove me wrong!

2:20am is not a true businessman so if I don't want to waste my time! Life is too short to feel hopeless and let live to the fullest!ahahahahahaaha