17-21 Sept: Cambodia Trip - (Trip Cancelled)

17-21 Sept: Cambodia Trip - (Trip Cancelled)

Cambodia: Riding the Wave of Consumerism

17 – 21 September 2018 • Phnom Penh

This Overseas Market Workshop is jointly organised by Enterprise Singapore (ESG) and Singapore Business Federation (SBF).

Cambodia attained lower middle-income status as of 2015, having sustained an average growth rate of 7.6% in 1994-2015, mainly driven by garment exports and tourism.
The economy slowed down slightly to 6.8% in 2017, according to preliminary estimates by authorities but is expected to remain strong over the next two years (6.9% in 2018
and 6.7% in 2019).

The combination of strong economic growth and an upwardly mobile consumer population generates demand for Singapore’s quality products and services in Cambodia.
From a foreign investor perspective, key incentives include duty-free import of capital goods, reasonable corporate tax rates with tax holidays, no restrictions on capital repatriation,
and 100 per cent foreign ownership of companies compensate to a large extent for the small size of the market and poor infrastructure.

According to the Council for the Development of Cambodia, Singapore has consistently ranked among the top-10 foreign investors in Cambodia. In 2015, it was the third-largest
foreign investor after China and the UK, contributing nearly 2.2 per cent of the $4.6 billion in committed FDI to the Kingdom.

Singaporean firms have invested in an array of industries including agriculture, energy, financial services, logistics, manufacturing and real estate. Top names include property
and agriculture firm HLH, Digital Wallet – Darapay, IT firms SingMeng and HyalRoute Communications, logistics and dry port operator Bok Seng, hotel brands Himawari, and
property firms Huttons Asia and Oxley Holdings. Transpeed Cargo, which incorporated its Cambodia’s office in 1992, has grown from a staff of two to more than 45 today.
According to them, being a first-mover in the market had its advantages but hiring local talent and in-country experience has proven invaluable as well.

Join this trip if you are keen to understand how to do business in Cambodia. Seats are limited and based on first come first serve basis.

Programme Objectives

  • Understand latest development and trends due to rising middle class in Cambodia
  • Appreciate Cambodia’s government policy impacting foreign businessmen
  • Explore potential business partnerships and opportunities with business leaders and decision makers

Indicative Programme

  • Updates and analyses by relevant industry experts and field learning
  • Relevant policies and incentives updates by local government agencies
  • Networking sessions with local and Singapore business community in Phnom Penh
  • Industry visits and sharing sessions by local and foreign corporations in Phnom Penh

Who should participate?

  • Investors, business owners, senior executives and professionals from consumer goods, services and supporting industry. Individuals not from these sectors but interested to understand this vibrant sector in Cambodia are also encouraged to participate.

Registration is now open!

If you are interested to attend this Overseas Market Workshop to Cambodia, please submit your registration by 
24 August 2018 (Friday).

Course Fee

S$3,340 per participant (inclusive of lectures, seminars, company visits, scheduled meals, ground transport, & 4 night’s hotel accommodation, inclusive of breakfast).
Final course fee due per participant after deducting government subsidy isS$1,000 nett.

(subsidy subject to final approval from the government)


Full payment of the course fee must be received by SBF within 10 days upon successful registration.

A maximum of 30 participants will be accepted into the programme.

For enquiries

Ezzati (Ms.)

Email: ezzati@sbf.org.sg

Tel: +65 6827 6876

A Programme by

Organised by


Tentative Programme

17 Sept 2018


Singapore to Phnom Penh, Cambodia

SQ 5004

Departure: 0740hrs | Arrival: 0840hrs

Check in Hotel

Visit to one of the largest wholesale center in Phnom Penh

Welcome Dinner

18 Sept 2018


Presentation and Interactive Session-

Overview of Cambodia Economy and Businesses, by Phillip Bank


Visit to largest E-Commerce Hub in Cambodia – Emerald Hub @ PPIU

Visit Makro - a wholesale center for business operators in food & agri-commodity sector

19 Sept 2018


Visit to largest cashless mobile payment company – PiPay

Visit and business meeting with one of largest Cambodia’s real estate developer


Visit e-commerce logistics company- Bok Seng Logistics Co Ltd

Site visit to a Singapore company located in Phnom Penh Special Economic Zone (PPSEZ) to learn more about how they set up business in Cambodia


20 Sept 2018


Participate in the Cambodia International Food & Drinks Industry Show 2018 (CAMFOOD 18) located at Diamond Island where delegates can visit the booths setup by Singapore companies as well as local and international exhibitors.

Certificate Presentation over Evening Cocktail at Himawari Hotel and Networking with Singapore Cambodia Club members

21 Sept 2018


Phnom Penh to Singapore

SQ 5005

Departure: 1405hrs | Arrival: 1710hrs

End of Workshop



The above is a tentative programme and may be changed without prior notice.

The programme will be conducted in English.

9/17/2018 7:00 AM - 9/21/2018 7:00 PM

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