The Pinnacle Excellence Business Awards recognised 70 years of diplomatic relations between India and Cambodia in 2023 as well as the businesses operating between both countries and the opportunities at an event organised by the Indian Chamber of Commerce Cambodia (InCham).
The Pinnacle Business Excellence Awards says they “seek to recognise and reward individual excellence, corporate prowess, and project success” and several leading Cambodian business and government representatives addressed the audience appealing to Indian investors in Phnom Penh recently.
H.E. Mam Dathalineth (Undersecretary of State at the Ministry of Information) and Vice President of Cambodia Women Entrepreneurs Association (CWEA) said the organisation’s mission is to support the growth of women-owned businesses in Cambodia, and their vision is to help make successful women entrepreneurs make a meaningful impact in the economic development or Cambodia.
She added that they offer a unified voice for female entrepreneurs and that InCham and CWEA have worked together since 2016, holding regular events while enabling members to have access to investors and suppliers from India and potential business partners.
Anthony Galliano is the former president of AmCham and Group CEO of Cambodian Investment Management Holdings and he spoke about the opportunities in Cambodia for investors and the need to change the perception of the image of the Kingdom.
Sean Sophagna, former president of YEAC, said he believes that Cambodia is on the right track in becoming a middle-income country status number and suggests the date is encouraging and the goals are not over-ambitious.
He added that the Prime Minister has said that from 2025 there will be free skills training for up to 1.5 million Cambodian workers which bodes well for the future.
Allan Tan (Vice President of WorldBridge Group) also highlighted the work of his group of companies and that logistics underpin the economy and they have some of the largest operations in the Kingdom.