I would like to inform you that I have been appointed Cambodian Ambassador
to the United Kingdom of Great Britain and Northern Ireland. As Ambassador,
I intend to do my utmost to further promote and strengthen the friendly
ties that already exists between Cambodia and United Kingdom. In addition
to this, it is my particular objective to encourage British Companies
to conduct business with Cambodia in the area of investment and tourism.
Upon its formation in 2004, the Cambodian Government formulated its Platform
for the Third Term, 2004-2008. As an invitation to investors, the Cambodian
Government, having identified investment as the driving force behind the
economy, established the Council for the Development of Cambodia (CDC)
to promote and facilitate investment in the country.
Today, Cambodia offers some of the most attractive incentive and the
most liberal legislation for investors of any country in the region and
has many opportunities for producing a wide range of products-from clothing
and footwear to hydroelectric power. Investing in Cambodia does have certain
advantages over other countries in the region e.g. the tax rate, speed
of processing, currency convertibility and degree of bureaucratic involvement
are favourable when compared to our neighbouring countries.
Tourism is one of the most significant investment opportunities and potential
sources of foreign capital in Cambodia. Cambodia is also fortunate to
be located in a part of the region with some of the strongest tourism
growth in the world and the Angkor Wat is just one of tourism products
of particular interest to visitors to Cambodia by its historic heritage
that holds great appeal for visitors.
Cambodia would welcome receiving a visit from your company and my Embassy
will keep in mind in any assistance you may further require.
I look forward to meeting with you in the near future.
HE Mr Hor Nam Bora
Ambassador of Cambodia to the Court
of St. James’s