Search

Search form

Logo of Phnom Penh Post newspaper Phnom Penh Post - Kith Meng re-elected

Kith Meng re-elected

Kith Meng re-elected

110809_7
Businessman Kith Meng, second from right, after being re-elected unopposed as president of the Cambodian Chamber of Commerce yesterday. Photo by: Sunan Channarong

PROMINENT businessman Kith Meng was re-elected unopposed yesterday as president of the Cambodian Chamber of Commerce.

Kith Meng, the only contender who declared his candidacy for the three-year mandate, received support from all 11 candidates eligible to stand.

“The chamber’s work involves co-operating with the aim of attracting new investment to Cambodia,” he said.

Kith Meng, who is also chairman and chief executive officer of the Royal Group, has already completed one three-year term in the role as Cambodian Chamber of Commerce president. The previous two presidents of the chamber were Sok Kong, head of the Sokimex Group, and tycoon Theng Bunma.

Cambodian Chamber of Commerce director-general Nguon Meng Tech said yesterday the role was crucial to attracting investment to Cambodia, as well as completing work outside the country.

“We have done plenty of work so far, including accompanying the Prime Minister abroad and attracting foreign investors to organise workshops in Cambodia,” he said.

Ministry of Commerce Secretary of State Mao Thora said the agency acted as a representative and communicator for a range of businesses to come to Cambodia. “The government understands that the power from the Chamber is the combination of businesses and business people,” Mao Thora said.

The Royal Group owns 45 per cent of ANZ Royal Bank, the Kingdom’s fourth-largest bank in 2010.

It also owns Mobitel, one of the largest mobile-phone operators in Cambodia, as well as 45 per cent of Toll Royal Railways, along with numerous other ventures.

In July, an American diplomatic cable made public by the anti-secrecy organisation WikiLeaks dubbed Kith Meng  “Mr Rough Stuff”, describing him as a “relatively young and ruthless gangster”.

RECOMMENDED STORIES

  • Rainsy and Sokha ‘would already be dead’: PM

    Prime Minister Hun Sen on Sunday appeared to suggest he would have assassinated opposition leaders Sam Rainsy and Kem Sokha had he known they were promising to “organise a new government” in the aftermath of the disputed 2013 national elections. In a clip from his speech

  • Massive ceremony at Angkor Wat will show ‘Cambodia not in anarchy’: PM

    Government officials, thousands of monks and Prime Minister Hun Sen himself will hold a massive prayer ceremony at Angkor Wat in early December to highlight the Kingdom’s continuing “peace, independence and political stability”, a spectacle observers said was designed to disguise the deterioration of

  • PM tells workers CNRP is to blame for any sanctions

    In a speech to workers yesterday, Prime Minister Hun Sen pinned the blame for any damage inflicted on Cambodia’s garment industry by potential economic sanctions squarely on the opposition party. “You must remember clearly that if the purchase orders are reduced, it is all

  • Ex-RFA journos accuse outlet

    Two former Radio Free Asia journalists held a press conference yesterday claiming they are each owed $28,000 by the US-funded radio broadcaster, which shuttered its in-country operations in September amid a government crackdown on independent media. The journalists, Sok Ratha and Ouk Savborey, maintained they organised