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Cambodian PM's participation in Davos forum paves way for new investments: official

Xinhua, January 28, 2015 Adjust font size:

Cambodian Prime Minister Hun Sen's participation in the World Economic Forum in Davos, Switzerland last week provided a good opportunity for the country to promote its potential to new investors, a senior government official said Wednesday.

Hun Sen, accompanied by economy, commerce, and investment ministers, took part in the forum for the first time last week and returned to Cambodia on Wednesday.

"At the forum, the prime minister had underscored Cambodia's investment potential and opportunities to business leaders from across the globe in an attempt to attract new investments to Cambodia," Kao Kim Hourn, minister attached to Prime Minister Hun Sen, told reporters at Phnom Penh International Airport.

He said the forum was a good chance for Cambodia to promote its investment potential because some of the investors at the forum had never been to Cambodia.

"Many investors had expressed their interest in business opportunities in Cambodia," he said.

According to the official, Hun Sen's participation in Davos forum had also further strengthened Cambodia's diplomacy on international arena.

More than 40 heads of states and governments attended the four- day forum featuring 280 sessions and workshops. Besides, the annual forum drew 2,500 participants from over 140 countries representing businesses, governments, international organizations, academia, civil society and the media. Endi