Logo of Phnom Penh Post newspaper Phnom Penh Post - Cambodian trade expo looks to lift local fortunes

Cambodian trade expo looks to lift local fortunes

Content image - Phnom Penh Post
Local and foreign producers and investors are being encouraged by the Ministry of Commerce to participate in the upcoming Cambodia Import-Export Goods Exhibition. Heng Chivoan

Cambodian trade expo looks to lift local fortunes

Local and foreign producers and investors are being encouraged by the Ministry of Commerce to participate in the upcoming Cambodia Import-Export Goods Exhibition.

In its 15th year, the annual expo aims to promote economic activities of sectors hit hard by Covid-19, the ministry said in an announcement.

It said the expo will be held from December 15-18 at the Koh Pich Convention and Exhibition Centre on Phnom Penh’s Koh Pich island.

“The event aims to promote trade and investment activities, export diversification and internal all-round economic connectivity in contribution to the economic development of Cambodia.

“The Ministry of Commerce will offer priority to local enterprises or international companies wishing to showcase their products, services or investment projects at the event,” it said.

An official with the Department of Exhibition Affairs under the ministry’s General Directorate of Trade Promotion, who asked not to be named, told The Post on Wednesday that the exhibition is designed to improve trade, business and investment activities in the wake of the Covid-19-led slump.

“Our business and economic activities have been constrained for a while due to the Covid-19 outbreak and we’ve heard complaints from local producers that they cannot sell their products.

“The exhibition will be a key platform for them to display their products for sale to the public and potential investment partners. We expect the exhibition will give them a chance to showcase their products or investment projects to the public,” the official said.

The official said, however, the exhibition will only have 100 booths due to Covid-19 compliance requirements.

“If the situation takes a more serious turn, we will seek approval to delay [the event] until next year.”

According to the ministry’s announcement, necessary safety measures will be in place in accordance with national health standards.

MOST VIEWED

  • Ministry mulls ASEAN+3 travel bubble

    The Ministry of Tourism plans to launch a travel bubble allowing transit between Cambodia and 12 other regional countries in a bid to resuscitate the tourism sector amid crushing impact of the ongoing spread of Covid-19, Ministry of Tourism spokesman Top Sopheak told The Post on

  • ‘Kingdom one of safest to visit in Covid-19 era’

    The Ministry of Tourism on January 12 proclaimed Cambodia as one of the safest countries to visit in light of the Kingdom having been ranked number one in the world by the Senegalese Economic Prospective Bureau for its success in handling the Covid-19 pandemic. In rankings

  • Courts’ decisions now published as reference source

    The Ministry of Justice has published 44 verdicts from civil litigation cases which can be used as models for court precedents and for study by the public and those who work in pertinent fields. Publication of the verdicts on December 31 came as the result of joint

  • Reeling in Cambodia’s real estate sector

    A new norm sets the scene but risks continue to play out in the background A cold wind sweeps through the streets of Boeung Trabek on an early January morning as buyers and traders engage in commerce under bright blue skies. From a distance, the

  • Quarantine site in north Phnom Penh inaugurated

    A four-building quarantine centre in Phnom Penh’s Prek Pnov district was formally inaugurated on January 6. The centre can house up to 500 people, according to Phnom Penh municipal governor Khuong Sreng. At the inauguration ceremony, Sreng said the municipal hall had cooperated with the Ministry

  • China firm to develop Mondulkiri airport

    Tourism to the Kingdom’s northeast corridor could experience a remarkable metamorphosis after the government decided in principle of a Chinese company to study and develop a proposal to build a regional-level airport in Mondulkiri province, according to industry insiders. The Council of Ministers said