Cambodian delegation explores trade, investment ties during Malaysia visit
KUALA LUMPUR: A Cambodian delegation visited Malaysian household convenience store chain KK Super Mart as part of a business engagement aimed at deepening trade and investment ties between the two countries.
In a recent business visit to Malaysia, a delegation from Cambodia explored opportunities for strengthening trade and investment ties with the country. On September 24, the delegation was warmly welcomed by the Malaysia-Cambodia Business Association (MCBA) and the Malaysia Chinese Assembly Hall (MCAH) at KK Super Mart, a household convenience store chain.
During the meeting, discussions centered on potential cooperation in various sectors, including education, healthcare, tourism, and business development. The delegation's purpose was to foster deeper economic relations between the two nations, with the MCBA and MCAH aiming to encourage Malaysian companies to invest in Cambodia and facilitate the entry of Cambodian products into the Malaysian market.
MCBA founding president Datuk Seri Ricky Yaw emphasized that the collaboration should go beyond trade and investment, encompassing education, healthcare, professional services, tourism, and human capital development. He also encouraged Cambodians to consider Malaysia as a suitable destination for education, healthcare, and business opportunities.
Led by Cambodia's Ministry of Commerce Under Secretary of State Nam Lynal, the delegation visited KK Super Mart to gain insights into Malaysia's retail business model, product range, and market development. This provided a valuable platform for exploring opportunities for Malaysian brands to expand into the Cambodian market.
Furthermore, the delegation met with business representatives from the Associated Chinese Societies of Commerce Malaysia (Soccom) to discuss potential opportunities in various fields, including trade, investment, education, healthcare, tourism, and business development.
Both Yaw and Soccom president Datuk Seri Dr Robert Lim expressed their commitment to fostering closer ties between business groups and companies from both countries. They discussed various avenues for practical business opportunities, such as business missions, trade exhibitions, investment visits, business matching, and people-to-people exchanges. The MCBA promises to continue working with MCAH, Soccom, and other business associations to strengthen these ties.
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