Friday, January 13, 2012

Large group of U.S. tycoons visit Cambodia for investment possibilities

PHNOM PENH, Jan. 13 (Xinhua) -- A large group of 96 U.S. billionaires, mostly spouses, have been visiting Cambodia in order to explore investment opportunities, said a senior Cambodian official.

The delegation was from the United States' Chief Executive Organization (CEO) and was led by Kenneth M. Quinn, former U.S. Ambassador to Cambodia and president of the World Food Prize Foundation, and John Ruan III, a member of the CEO and chairman of the Ruan Transportation Management Systems.

On Thursday afternoon, the delegation had met with Cambodia's government officials led by Deputy Prime Minister Keat Chhon, who is also the minister of economy and finance, at the Peace Palace.

"The delegation wanted to study about Cambodia's potentials for investment opportunities," Om Yintieng, advisor to Prime Minister Hun Sen, told reporters after the meeting. "They can be new investors for Cambodia in the future."


The delegation members are from sectors of education, investment and financial consultation, banking and finance, IT, pharmaceutical and health product manufacturing, tourism, energy, food manufacturing, real estate and transportation.

During the meeting, Keat Chhon said that the delegation's visit reflected their confidence in full political stability in Cambodia and it could be a boost for the investment from the United States to Cambodia.

He also presented the group about Cambodia's potentials for investment in the fields of agriculture, agro-industry, tourism, mining, oil and gas, energy, transportation and telecommunication.

Meanwhile, John Ruan III said that the group hailed the rapid development of Cambodia in all fields and added that the visit to Cambodia was to eye the country's potentials and challenges for future investment consideration.

Om Yintieng said "Currently, Cambodia has seen increasing number of investors from the United States and Japan thanks to our efforts to fight against corruption."

They arrived in Cambodia on Wednesday night by a cruise ship for an one-week visit after visiting Vietnam.

The U.S. Chief Executive Organization has the maximum 2,000 members -- all of them are tycoons with the age of at least 50 years old, said Om Yintieng.

11 comments:

Anonymous said...

AH HUN SEN'S CPP CORRUPTED AND DICTATOR GOVERMENT! US TYCOON JUST VISIT NOT INVEST DON'T BE SUPRISE! FUKER! KHMER, USA.

Anonymous said...

welcome to cambodia. cambodia want big american investors in our country. we also want japanese investors, too. cambodia is changed and reformed. we want all the big and serious investors in our country, you know. cambodia is a free, demorcracy country and we now like the rule of law. please help to develop our khmer economy so our khmer people can raise our standard of living, etc... thank you for your interest and god bless everyone who came to see cambodia for themselves. and god bless my country cambodia and all our beautiful khmer people and citizens.

Anonymous said...

cambodia is not the same anymore like you heard from biased people and the news or the books or whatever. now, cambodia is a changed country with lots of investment opportunities in all sectors and all commodities, etc, etc, you know. please come to work and invest in cambodia. please help to make a real,lasting difference in cambodia not only for khmer people but for everyone to enjoy as well, really. god bless all.

Anonymous said...

also, please invest in the healthcare system in cambodia, too. please help to make cambodia a hub for all business transaction in the region of southeast asia and beyond. thank you and god bless my country cambodia.

Anonymous said...

love you long time, ok!

Anonymous said...

cambodia is a beautiful country. please come to help train and educate cambodian people and develop our country to become the old and the new country that is different from the past while maintaining a certain aspect of our khmer heritage as well. we want the world in cambodia permanently.

Anonymous said...

ah lop really and ok!! you say the same thing over and over again! it's sickening! we get your point ok!!!

Anonymous said...

TRIED TO MEET THE DEAD END...

'80s collected newspapers
'90s collected cardboards
'2YK collected plastic bottles
'10s collected aluminium cans
'12s collected Heineken bottles

I'm collecting them today...
ALWAYS BROKE WITH CONSIDERING...

Anonymous said...

@3:19 am, Why do you called people ah lop? They was just excited about the positive news for Cambodia and it people. There is nothing to be lop about.Please be kind and try to understand that Cambodian people needs help for the the international communities. In order to success on country can not work alone.

Anonymous said...

@3:19 am, Why do you called people ah lop? They was just excited about the positive news for Cambodia and it people. There is nothing to be lop about.Please be kind and try to understand that Cambodian people needs help for the the international communities. In order to be success one country can not work alone.

Anonymous said...

I did hears the wind of change...America's foreign policy toward Asia.

LoveKhmer