C oopers and Lybrand-one of the largest consultant services firms in the
would-has opened a branch in Cambodia.
Services will include accounting, auditing, tax and management
Coopers and Lybrand's representative Huy Sopan said the services were
important for large companies in helping them set up offices in Cambodia.
Huy said the company will help them with ideas, planning and project advise
on how to do business here.
Huy said some foreign companies were reluctant to invest in Cambodia, but a
firm such as Coopers and Lybrand could reassure potential investors.
Huy said: " The company is very useful to push the big foreign companies to
feel confident in investing capital in Cambodia.
Mike Gray, managing director of Coopers & Lybrand Ltd, said: "Through
assisting our international investors to make informed decisions on investment
in Cambodia we hope to help Cambodia in its economic development."
"We meet their needs by combining our international capabilities and local
market knowledge with an extensive range of skills and industry expertise."
The company makes its entrance into Cambodia at a time when the country lacks
proper accounting, auditing and tax laws. The company hopes to help the
government in reforming these areas.
Coopers & Lybrand have offices in 130 countries. The headquarters is
based in Switzerland.