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

  • New US bill ‘is a violation of Cambodian independence’

    After a US congressmen introduced bipartisan legislation that will enact sanctions on Cambodian officials responsible for “undermining democracy” in the Kingdom, government officials and the ruling Cambodian People’s Party on Sunday said they regarded the potential action as the “violation of independence and sovereignty

  • Angkor Wat named as the top landmark for the second year

    Travel website TripAdvisor has named Cambodia’s ancient wonder Angkor Wat as the top landmark in the world for the second year running in their Travelers’ Choice Award 2018, an achievement Cambodian tourism operators expect will attract more tourists to the Kingdom. The website uses traveller

  • Ministry’s plan for net sparks fears

    The government has ordered all domestic and international internet traffic in the Kingdom to pass through a Data Management Centre (DMC) that has been newly created by the state-owned Telecom Cambodia, in a move some have claimed is an attempt to censor government critics. Spokesman

  • Hun Sen detractors ‘will die’

    Prime Minister Hun Sen on Wednesday said those who curse or insult him would eventually die without a plot of land to bury their bodies after being killed by lightning, suffering the same fate as those who recently died in Thmar Baing district in Koh