PHNOM PENH: Deputy Prime Minister Tan Sri Muhyiddin Yassin ends his official visit to Cambodia by chairing a round table meeting between captains of industry in Malaysia and Cambodia today.
The meeting, which was attended by representatives of 35 Malaysian companies, was jointly chaired by Muhyiddin and one of the five deputy prime ministers in Cambodia, Keat Chhon, at the Sofitel Phnom Penh Phokeethra Hotel here this morning.In his speech, Muhyiddin called on small- and medium-scale entrepreneurs (SMEs) from both countries to forge closer cooperation to expand trade value and volume.
"We should explore how SMEs can increase their exports and participation in the supply of services.
"The services sector in ASEAN is being liberalised and there are opportunities that can be tapped," Muhyiddin, who is also the Education Minister, said during his speech at the round table meeting.
Also present during the meeting were Malacca Chief Minister Datuk Seri Idris Haron and Malaysian Ambassador to Cambodia, Raszlan Abdul Rashid.
Muhyiddin said Malaysian companies, mostly in the finance and services sectors, were the the leading foreign investors in Cambodia.
"There are 1,693 Malaysian businesses registered in Cambodia with investments amounting to US$2.62 billion (RM8.67 billion) over a period of 19 years from 1994 until 2013," he said.
Muhyiddin was on a three-day official visit to Cambodia since February 18.
Yesterday, Muhyiddin paid a courtesy visit to the Cambodian Prime Minister Hun Sen and one his five deputies, Sok An.
He had also attended a bilateral meeting with Education, Youth and Sports Minister Dr Hang Chuon Naron on the same day.
Deputy Prime Minister Muhyiddin (second right) with deputy prime minister and financial adviser to Cambodian Prime Minister, Keat Chhon (right), during a round table meeting at a hotel in Phnom Penh today. -- Bernama photo
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