Logo of Phnom Penh Post newspaper Phnom Penh Post - First trade mission from Canada

First trade mission from Canada

First trade mission from Canada

T he first ever delegation of Canadian businessmen visited Phnom Penh from Jan.

13 to 22 to explore investment opportunities in the Kingdom.

The

nine-member trade mission included representatives of both public and private

sector enterprises from the Canadian province of Quebec.

The trip was

organized by Mr. Tep Rithivit, who was recently appointed Economic Advisor to

the First Prime Minister in charge of commercial relations between Cambodia and

Canada.

Hydro Quebec International was one of the largest firms

represented in the delegation, with Canadian-based revenues generating more that

U.S. $6 billion per year.

Simon Ouimet, Hydro Quebec's commercial

director, told the Post that the firm was "looking to supply (power)

distribution and generator systems for Phnom Penh." Ouimet said that they could

also provide management and technical assistance to public utilities, advise on

financing arrangements and structure privatization programs.

Ouimet said

that there were numerous opportunities for power-related investment in Cambodia

but that next steps would depend on the outcome of the upcoming Tokyo aid

conference. He noted that Cambodia maintains an enormous potential for the

development of hydropower and could one day export electricity to neighboring

countries as a means of earning foreign exchange.

Other firms represented

in the investment mission included the Trenta Medical Group, E.T.I. Logistique,

Pomerleau Construction International, New Brunswick Telephone, the Economic

Development Company of Drummond-ville, Marine Switch Gear, and J.M.C.

International.

With most of the companies coming from the French-speaking

part of Canada, Ouimet commented that "we can bring, in French, North American

technology and the North American (management) point of view to Francophone

countries around the world."

He added, in English, that the reception in

Cambodia had been

"fantastic".

MOST VIEWED

  • WHO: Covid in Cambodia goes into new phase

    The World Health Organisation (WHO) in Cambodia said that Cambodia has reached a new phase of the pandemic with “decreasing case numbers, high vaccination coverage and a more transmissible circulating variant threatening a hidden surge”. In a press release on September 6, the WHO said that

  • Purging Sihanoukville’s past with a new masterplan

    Amid illicit activities, haphazard development and abandoned projects, the coastal city of Sihanouk province needs a reset to move forward. A new masterplan might be the answer to shake off its seemingly mucky image to become the Shenzhen of the south Gun toting, shootouts, police

  • 'Pursue your goals, reach out to me': Young diplomat tapped as envoy to South Korea

    Chring Botum Rangsay was a secretary of state at the Ministry of Foreign Affairs and International Cooperation before being designated as the new Cambodian ambassador to South Korea. According to her official CV published on the foreign ministry’s website, she started her first government

  • School reopening ‘offers model for other sectors’

    World Health Organisation (WHO) representative to Cambodia Li Ailan said school reopening process should be used as a role model for reopening other sectors currently mothballed by the Covid-19 pandemic. Li strongly supports the government’s decision to reopen schools, saying it is a decision

  • Tourism concerns laid bare

    To ensure the success of plans to reopen the tourism market for international visitors, Cambodia must pay utmost attention to two primary determinants – the ongoing paradigm shift in domestic tourism services towards the ‘new normal’, and the factors influencing choices of destinations among foreign holidaymakers.

  • Covid jab drive for 6-11 age group to begin Sept 17

    Prime Minister Hun Sen has permitted Covid-19 vaccinations for over 1.8 million children aged 6-11 across the country from September 17 in order for them to return to school after a long hiatus. Hun Sen also hinted that vaccinations for the 3-6 age group will follow in