News

Precision Cars (Cambodia) Ltd. (PCCL), the official Porsche importer and distributor in Cambodia, marked its 1st anniversary celebration at the Porsche Centre in Phnom Penh. As part of the celebration, the brand’s latest 911 model was presented, and the Porsche 919 Hybrid was flown into Cambodia – the winner of the 24hrs race of Le Mans.

H.E. Joachim Baron von Marschall, Ambassador of the Federal Republic of Germany to the Kingdom of Cambodia, and H. E. Keat Chhon, Deputy Prime Minister and first Vice-Chairman of the CDC signed agreements on Technical and Financial Cooperation with a total value of €41.45 million (US$45.70 million).

More than twenty export-oriented, renowned Austrian companies explored “new” business potentials in the dynamic Cambodian growth market from 17th – 18th March. The business mission was organized and headed by “Advantage Austria”, the official trade promotion organization of the Austrian Federal Economic Chamber.

“The Courageous Turtle” is an educational play funded by the German government which has been performed 64 times since November, and which has proven so successful that the initiative is set to expand to classrooms and community centres nationwide this year.

The ADW as a founding member of Eurocham is proud to present the 2016 Eurocham White Book, a 120-page resource for potential international investors to Cambodia – and in its depth not only a highly useful tool for European investors alone. A compilation of various Eurocham industry committee’s work and findings, the white book recommends policy improvements to the Royal Cambodian Government.

A delegation from the GTCC (German Thai Chamber of Commerce) has last Friday concluded a three day visit to Cambodia. On the agenda were an extensive briefing by Eurocham Cambodia on the investment climate in the Kingdom, on Eurocham committees and their activities, a networking event hosted by the ADW, a briefing at the CDC (Council for the Development of Cambodia) and a a site visit at Phnom Penh Special Economic Zone.

The governments of Germany and Cambodia will hold a ceremony on 9^th March 2016 to sign new agreements on development cooperation worth 41.54 million EUR. The signing will take place at the Council for the Development of Cambodia.

The OAV (German Asia-Pacific Business Association) is opening an exhibition on March 11th featuring the works of Cambodian artist Son Non, as well as photographs from a solar power project in Chbar Chros village supported by the Stiftung Asienbruecke, a non-profit organization helping with infrastructure projects in a range of developing countries.

Nissenken Cosmos, a joint venture between Cosmos Services & the Japanese textile institute Nissenken has been accredited by AEON Japan for their Quality Management in Cambodia.

In January 2016, a development partnership was launched between the German Federal Ministry of Economic Cooperation and Development (BMZ) and ‘The Pepper Hill’, an organic farm in the Southern Cambodian region of Kampot that cultivates the region’s traditional spice, pepper. The promotion of the organic cultivation of pepper is intended to boost development in Kampot.