IBC Business Discovery presents:
Message from the Chairman
It is my pleasure to introduce you to the International Business Chamber of Cambodia (‘IBC’). Founded with nine members in Phnom Penh in 1993 as “The Corporate Club,” we are today an officially registered Association with over 100 member companies from 20 countries providing networking events, speakers’ lunches, briefings on economic and political developments, conferences and workshops, meetings with visiting business delegations, social events, etc.
One of the distinctive roles that the IBC plays is its part in the Government-Private Sector Forum (‘GPSF’) which is an annual meeting between the Prime Minister and his Cabinet and the business community. In preparation for this there are monthly or bi-monthly meetings of ten Working Groups in which IBC participate. The IBC serves as the secretariat for one of them, the Working Group on Law, Tax and Governance. This cross cutting working group is co-chaired by H.E. Dr. Aun Porn Moniroth, Minister of Economy and Finance, and myself as the Private Sector co-chair. For many, this Working Group is considered ‘the court of last resort’ as it can and does take on issues which might not fit into the other working groups.
Another distinctive role that IBC plays is activities to promote trade and investment in Cambodia. For many foreign business delegations planning to visit Cambodia the IBC is the first on the list of organizations to be contacted. Hosting and providing briefings to visiting missions is one of the most significant parts we play in promoting business and investment in the Kingdom. And IBC hosts a trade and investment conference every two years, which brings together potential investors with government officials and the local business community. This year the conference will be held in October.
I hope this information pack will give you some idea of the important role the IBC plays in the business community in Cambodia. Should you have any further inquiries or wish to receive information about membership please contact us using the enclosed form.