A crowd of 300 dignitaries and guests gathered at the Hotel Sofitel Cambodiana to

inaugurate the China Hong Kong Macau Business Association of Cambodia on March 18.

Representing the Royal Government were Cabinet co-Minister Sok An, CDC Chairman Sok

Chenda Sokpheap and RCAF Deputy Chief-of-Staff Pol Saroeun.

Mr Yum Sui Sang, chairman of the new association and general manager of the Union

Commercial Bank, in his speech said the organization had the close support of the

Chinese Embassy in Phnom Penh and that the group's aim was "to gather all investors

to cooperate and support each other, to improve cooperation with the government and

to contribute to stability of the economy and society".

Representing the Chinese government were Ambassador to Cambodia Yan Tin Ai, Counsellor

She Chun Shu and Economic and Commercial Counsellor Li Jin Hua.

Counsellor Li said in his speech that the group's objective was to "strengthen

exchange and cooperation between Cambodia and other foreign countries" and "to

further mutual understanding and promote the development of Sino-Cambodian cooperative

relations".

Thirteen new members were inducted into the organization, most of which were representatives

of garment factories with operations in the Kingdom.