A group of South Korean investors showed great interest in partnering up with local businesses at an event held this week to promote business ties between the two nations and boost trade.
The first edition of a business matchup and networking event with Korean and Cambodian firms was held yesterday at the Ministry of Handicraft and Industry in Phnom Penh, organised by Korea’s Public Procurement Service.
It was attended by 16 Korean companies from a variety of economic sectors, including construction and medical supplies.
Lee Kyoungwon, deputy-director of global procurement market support at the Public Procurement Service, told reporters the event seeks to increase the presence of high quality South Korean products and brands in the local market through business-to-business deals.
“The goal is for locals to know more about the quality of products made by South Korean firms.
“We hope to partner up with local investors to import products from Korea,” Mr Lee said, adding that the agricultural sector in particular has great potential in the eyes of Korean investors.
