Modern Australian
Men's Weekly

.

Hong Kong, opening doors to business success with Cambodia

HONG KONG SAR - Media OutReach Newswire - 1 August 2024 - Hong Kong is on a mission to deepen bilateral relations with Cambodia and the wider Association of Southeast Asian Nations (ASEAN) region.

John Lee, Chief Executive of the Hong Kong Special Administrative Region, led a high-level business delegation to Cambodia (July 30-31, 2024) to explore new opportunities for closer co-operation.

During the visit, Mr Lee met top officials including Cambodia's Prime Minister Hun Manet and Deputy Prime Minister and Minister of Interior Sar Sokha to discuss issues of common interest.

Hong Kong’s Chief Executive, Mr John Lee (left), meets with the Prime Minister of Cambodia, Mr Hun Manet (right), in Cambodia.
Hong Kong’s Chief Executive, Mr John Lee (left), meets with the Prime Minister of Cambodia, Mr Hun Manet (right), in Cambodia.

"We are here to explore the immense opportunities for trade and investment co-operation between Hong Kong and Cambodia, for mutual prosperity and economic development as well as business promotion," Mr Lee said, noting that Cambodia is a rapidly developing market with a remarkable economic potential.

Mr Lee (left) meets with the Deputy Prime Minister and Minister of Interior of Cambodia, Mr Sar Sokha (right), in Cambodia.
Mr Lee (left) meets with the Deputy Prime Minister and Minister of Interior of Cambodia, Mr Sar Sokha (right), in Cambodia.

During the visit, a total of 13 memoranda of understanding were exchanged between various organisations and enterprises from Hong Kong and Cambodia covering areas such as economic co-operation, trade, investment promotion, aviation, information and technology, and financial services.

Mr Lee (second left) and Mr Hun (second right) witness the exchange of a memorandum of understanding between Invest Hong Kong and the Council for the Development of Cambodia.
Mr Lee (second left) and Mr Hun (second right) witness the exchange of a memorandum of understanding between Invest Hong Kong and the Council for the Development of Cambodia.

"We certainly make it easy to do business together," Mr Lee said, during a business luncheon in Phnom Penh. "Under the unique 'one country, two systems' principle, Hong Kong enjoys both the China advantage and the global advantage. We enjoy free flow of information, capital, goods and people, sophisticated infrastructure, and boundless opportunities, thanks to the unfailing support of our country and strong international connectivity."

Mr Lee speaks at a business luncheon in Cambodia co-organised by the Hong Kong Economic and Trade Office in Bangkok and the Hong Kong Trade Development Council.
Mr Lee speaks at a business luncheon in Cambodia co-organised by the Hong Kong Economic and Trade Office in Bangkok and the Hong Kong Trade Development Council.

Hong Kong is also the prime connection point for overseas enterprises to tap into vast growth markets in the Guangdong-Hong Kong-Macao Greater Bay Area and throughout China and beyond.

"Hong Kong brings to the Greater Bay Area international experience and expertise in finance and trade, as well as world-class professional services, transport, logistics and more," Mr Lee said. "I welcome Cambodian enterprises and entrepreneurs to partner with Hong Kong and, together with us, tap into the area's far-reaching business and investment opportunities."

These are some of the reasons why Cambodian finance professional Robert Lay decided to relocate to Hong Kong with his family in 2023.

"In terms of professional work for me, Hong Kong has access to Greater China," said Mr Lay, a successful applicant under the city's Top Talent Pass Scheme.

"Hong Kong has been the headquarters for a lot of the key capital market players. As long as you have the capability to bridge between all of these players, I think it's definitely the right place to be."

Mr Lay's wife is employed by an asset management company while his two children attend an international school in the city. The flexible and international education system was another factor in choosing Hong Kong over other cities. "Our children were born in New Zealand. Coming to this international city, they could learn in English, Cantonese and Mandarin," Mr Lay said.
Hashtag: #hongkong #brandhongkong #asiasworldcity #cambodia #delegation #collaboration #business #exchange






Wechat: 香港 亚洲国际都会

The issuer is solely responsible for the content of this announcement.

Private Booze Cruisers – The New Must-Have Toy for Cashed Up Millennials

Did you hear that your 30s are the new 20s? We’ve finally rocked up that adult money and now it’s time to play with it. I was going for a walk ...

Grinding & Jaw Soreness: Signs You Might Need Night Guards and How We Protect Enamel

Waking with a tight jaw, tender muscles, or a dull temple headache is more than a bad night’s sleep. Many Australians grind or clench their teeth ...

Circular Interior Design: Furnishing with Salvaged & Reclaimed Materials

Circular interior design is gradually making its way from niche circles into mainstream Australian homes. At its core, this approach revolves around...

Invisible Braces vs Traditional Braces: Which Is Best for Adults?

Straightening teeth as an adult is common in Australia, and the options are better than ever. The two main choices are clear aligners, also called i...

Smoking, Vaping, and Healing: How Nicotine Affects Sockets and What you can do About it

Nicotine and oral surgery are a poor mix. After an wisdom teeth removal in Sydney, your body needs a stable blood clot and steady blood flow to rebu...

Titanium and Bone: How Dental Implants Become Part of the Jaw

Dental implants replace missing teeth by anchoring a metal fixture in the jaw and fitting a crown on top. Their success rests on a biological event ...

Do Wisdom Teeth Really Make You Wiser? Debunking Old Beliefs

Wisdom teeth are among the most discussed teeth in dentistry, not because of their function but because of the myths that surround them. The name it...

How Long Do Dental Implants Really Last? The Facts Dentists Won’t Skip

Australians often ask one simple question before green-lighting treatment: how long will a dental implant actually last? The short answer is that th...

The Confidence Curve: Why Implants Change the Way You Carry Yourself

Losing a tooth is not just a physical change; it alters the way people see themselves and how they believe others perceive them. While dentistry has...

Why Reliable Air Conditioning Services Are Essential for Year-Round Comfort

Melbourne’s climate is known for its unpredictable swings—from scorching summers to chilly winters. This variability makes it crucial for homes ...

Expert Plumbing Solutions in Perth: From Hot Water Systems to Leak Detection

Plumbing is one of those things we often take for granted—until something goes wrong. From stepping into an unexpectedly cold shower to discovering ...

Eco-smart Car Removal in Sydney: Practical Steps That Cut Waste and Return Value

Sydney’s ageing cars add up to a serious waste stream, and choosing the right removal service makes a measurable difference. Your decision sends m...

Measuring the Success of Your Bus Advertising Campaign

Bus ads turn everyday travel into high-reach media. They move through busy corridors, sit in traffic where people can read them, and keep working af...

Partner Visa Pathways: Onshore vs Offshore Applications Explained

Choosing between Australia’s onshore and offshore partner visa routes affects timing, travel, work rights and budget. This guide explains the stru...

Serving Styles Compared: Buffet, Grazing, or Plated for the Office

Choosing how to serve food at a work function shapes the pace of the event, how people mingle and how smoothly the agenda runs. The right format dep...

5 Essential Tips for Hiring Gold Coast Plumbers

Finding the best plumber on the Gold Coast can be as complex as navigating a network of pipes, requiring an expert who is capable, reliable, and s...

Hidden Costs of Moving You Need to Budget For (And How to Avoid Them)

Moving house ranks among life's most busy experiences, and discovering unexpected expenses along the way certainly doesn't help with stress levels. Wh...

Understanding Australian Building Regulations: What Every Mornington Builder Wants You to Know

If you live on the Mornington Peninsula, you likely already feel the risk of bushfires,hot, dry summers, nearby bushland, and epic wind events. That...