King­dom hosts WEF con­fer­ence for the first time

Southeast Asia Globe - - Agenda -

From 10-12 May at Ph­nom Penh’s Sokha Ho­tel, Cam­bo­dia will host the 2017 World Eco­nomic Fo­rum (WEF) on East Asia, a con­ven­ing of top fig­ures in pol­i­tics and busi­ness from around the re­gion. The six co-chairs in­clude Ja­maludin Ibrahim, the pres­i­dent and CEO of Malaysia’s Ax­i­ata Group, John Rice, the vice-chair­man of GE in Hong Kong and Wolf­gang Ja­mann, the CEO of Care In­ter­na­tional.

The event’s theme fo­cuses on the youth of Asean and how they will drive eco­nomic growth for the re­gion – mainly through dig­i­tal tech­nol­ogy. “The key rea­son for choos­ing Cam­bo­dia is that the eco­nomic growth is re­mark­able, es­pe­cially for the re­gion,” Min­istry of Com­merce spokes­woman Se­ung Sophari told the

Cam­bo­dia Daily. “Cam­bo­dia can be cho­sen as the role model among the less­de­vel­oped coun­tries.” In­deed, Cam­bo­dia’s eco­nomic progress has been re­mark­able – it has held a steady eco­nomic growth rate of 7% per year for the past few years – al­though some ar­gue the gains have been top-heavy and poorly man­aged.

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