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Finance company launches

Finance company launches

HONG Kong-based Trade Finance Corporation Capital, a project finance and investment advisory company, has set up a Phnom Penh office, Managing Director Mohan Tirugmanasambandam said Tuesday.

Identifying Cambodia as an "emerging market", Mohan said TFC Capital would target mining, oil and gas, and property development - among other sectors - acting as a matchmaker for foreign investors seeking to do business here.

"There are opportunities but we have to be very careful," said Mohan, referring to the economic downturn that has started to hit Cambodia.

The company is a sponsor at Monday's Business Roundtable in Siem Reap.