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”.

MOST VIEWED

  • Hun Sen’s China visit ‘a good opportunity’

    Prime Minister Hun Sen’s visit to Beijing on Sunday to discuss economic and trade issues presents a good opportunity for the Kingdom to strengthen Chinese ties and counter punitive measures by the West, an analyst says. The prime minister’s four-day official visit to

  • Former chief bodyguard receives royal pardon

    The former chief bodyguard of late Senate president Chea Sim has received a royal pardon nearly eight years after he was sentenced to 15 years behind bars on several charges, according to a royal decree dated November 12, last year, and obtained by The Post on Wednesday.

  • Close to the edge: Hair raising pictures from Kulen Mountain

    A new hair raising attraction on Kulen Mountain has finally opened to the public, with people flocking to the protruding cliff edge overlooking green mountainous forests to take photographs. The giant overhanging rock is situated in an area known as Mahendraparvata – an ancient city of

  • US warned not to interfere despite successful meeting

    A senior Ministry of National Defence official said the Tuesday meeting between the US Deputy Assistant Secretary of Defence for South and Southeast Asia Joseph H Felter and General Neang Phat had helped strengthen relations between the two countries’ militaries. However, a senior Cambodian People’