Logo of Phnom Penh Post newspaper Phnom Penh Post - WEF forum to bring new investment

WEF forum to bring new investment

Content image - Phnom Penh Post
Prime Minister Hun Sen speaks at the 2003 World Economic Forum in Singapore. AFP

WEF forum to bring new investment

With the World Economic Forum (WEF) on Asean less than a week away, government officials yesterday said that the theme of the three-day event would focus on “Youth, Technology and Growth”, while providing an opportunity to raise Cambodia’s international profile and attract more investors and tourists.

The forum taking place in Phnom Penh will be the WEF’s 26th meeting in the region, and will focus on how Asean can harness the potential of its young demographics, and benefit from the transformative impact of the Fourth Industrial Revolution.

“We believe that we will attract more foreign investment to Cambodia after successfully organising the event,” Sun Chanthol, minister of public works and transportation, said yesterday at a pre-event conference. “There will be more job opportunities for Cambodia’s youth and higher wages.”

According to Chanthol, more than 600 participants representing businesses, governments, international organisations, civil society and the media are expected to participate in the gathering.

He added that prime ministers from three foreign countries including the Philippines, Vietnam and Laos will join the event.

There will be 18 other ministers representing countries from Asean and other regions as well as six representatives from large international firms. There are 217 journalists registered to join the forum, 129 of them local, according to Chanthol.

MOST VIEWED

  • Negotiations on EBA being held

    In an effort to defuse tensions, a senior government official said Cambodia is negotiating with the European Union (EU) on the Everything But Arms (EBA) trade deal, which allows the Kingdom to export goods to the 28-member bloc tariff-free. The EU notified Cambodia on October 5

  • Ministers to tackle sea pollutants

    Preah Sihanouk provincial authorities and members of local communities have collected 77 tonnes of water hyacinth at a Sihanoukville beach, Preah Sihanouk Provincial Hall spokesperson Or Saroeun said. He told The Post yesterday that the aquatic weeds had been floating along some of the province’s

  • Chinese police escort deported scam suspects

    Ninety-one Chinese nationals accused of extorting money from victims in a Voice over Internet Protocol (VoIP) scam were deported from Phnom Penh International Airport on Monday under the escort of 182 Chinese police personnel. General Department of Immigration head of investigations Ouk Hay Seila told reporters

  • Sam Rainsy, government group set to clash at IPU Geneva meet?

    Opposition figure Sam Rainsy has been invited to speak at the General Assembly of the Inter-Parliamentary Union (IPU) in Geneva, according to a former Cambodia National Rescue Party (CNRP) lawmaker. A government delegation is also set to attend the meeting, a National Assembly press release