Logo of Phnom Penh Post newspaper Phnom Penh Post - CCC office in Japan by end-2022, vice-president says

CCC office in Japan by end-2022, vice-president says

Content image - Phnom Penh Post
The Kingdom’s exports to Japan topped $389 million, up 7.4 per cent year-on-year, while imports passed $246 million, up 18.3 per cent. Heng Chivoan

CCC office in Japan by end-2022, vice-president says

The Kingdom’s apex trade body is forging ahead to open its second representative office abroad, in Japan this year to build on growing investment inflows from the East Asian economic powerhouse, according to its second-in-command.

Cambodia Chamber of Commerce (CCC) vice-president Lim Heng told The Post that, after opening its first-ever overseas outpost late last month, the trade body would set up a working group tasked with spearheading the opening of the planned Japanese office and selecting a president.

Japan was chosen as the location for the office due to its market potential for Cambodia and “good” relations with the Kingdom, he said, confirming that the Cambodian government “has already decided to establish an office in Sendai, a large industrial area”.

“We will expand further in countries that have good relations with us, especially countries with advanced economies like Japan,” Heng added.

The Ministry of Commerce had held a meeting on the Toronto office on March 3, where it was revealed that a feasibility study for a second Canadian office in Montreal was in the works.

Commerce ministry spokesman Penn Sovicheat said such overseas offices would spur foreign investment, better acquaint international players with Cambodian products with export potential, strengthen existing markets as well as encourage the development of new ones, and provide information concerning the Kingdom’s business, trade and investment environments.

The world will get to know the Kingdom better through trade and exhibitions of Cambodian products arranged by CCC and its representative offices, he noted.

He underscored that Canada and Japan were just as important as hosts for representative offices of trade bodies as China, where he noted Cambodia has opened a number of business centres.

While unable to provide a timeframe for the opening of the Sendai office, Sovicheat stressed that “we are preparing the right time”, and that the inauguration would make conducting market studies on prospective sites for future offices easier.

For reference, trade between Cambodia and Japan topped $635 million in the first four months of this year, up by 11.3 per cent year-on-year, according to the General Department of Customs and Excise of Cambodia (GDCE).

Cambodia’s exports to Japan exceeded $389 million, up 7.4 per cent year-on-year, while imports passed $246 million, rising by 18.3 per cent. The Kingdom’s trade surplus with Japan for January-April narrowed by roughly a fourteenth year-on-year to over $0.14 billion.

Similarly, January-April trade between Cambodia and Canada was worth more than $347 million, up 21.3 per cent on a yearly basis, of which Cambodian exports topped $340 million (up 22.9 per cent) and imports passed $7 million (down 26 per cent), according to the GDCE. The Kingdom’s trade surplus with Canada expanded by nearly a quarter on-year.


  • 12th Cambodia int’l film festival to see return of Hollywood star

    Phnom Penh is set to come alive with the magic of cinema as the highly anticipated 12th Cambodia International Film Festival (CIFF) takes centre stage. Boasting an impressive line-up of 188 films from 23 countries, including captivating shorts, feature films, documentaries and animation, the festival promises an

  • Bareknuckle champion wants Kun Khmer fighter

    Dave Leduc, who is the current openweight Lethwei boxing champion in Myanmar, has announced that he will travel to Cambodia this year to challenge SEA Games gold medallist Prum Samnang any time that is convenient, after their planned match later this month in Slovakia was

  • Struggling Battambang artist dreams of staging full-scale gallery exhibition

    Leav Kimchhoth, a 55-year-old artist from Battambang province, is a familiar face to locals and tourists alike on the streets of the riverside in Phnom Penh. The one-armed painter and illustrator often hawks his work near the night market on weekends and public holidays. He

  • Fresh Covid warnings as Thai hospital fills

    A senior health official reminds the public to remain vigilant, as neighbouring countries experience an increase in Covid-19 cases, with the latest surge appearing to be a result of the Omicron XBB.1.5 sub-variant. Or Vandine, secretary of state and spokeswoman for the Ministry of Health,

  • New Law on Taxation comes into effect

    Cambodia has enacted the eagerly-awaited new Law on Taxation, which aims to improve the national tax regime’s compliance with present and future international standards and economic conditions; encourage accountability, effectiveness and transparency in the collection process; and promote investment in the Kingdom. King Norodom

  • PM warns of int’l election interference

    With the national election scheduled to take place in less than two months, Prime Minister Hun Sen has warned foreign nations and their diplomats not to interfere into Cambodia’s domestic affairs. He also hinted that their statements on court verdicts handed down to any