Business Chief APAC+ANZ Magazine November 2018 | Page 65

‘ Food , and its production , are at the crossroads of Cambodia ’ s growing economy and flourishing culture , which is most apparent in the capital city of Phnom Penh ’

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West , as well as China ’ s burgeoning middle class . In September 2018 , 350 companies from 30 countries in the region met in Phnom Penh for the Camfood , Hotel and CamCafe Expo , according to the Phnom Penh Post , with the goal of securing new investors to help support growth across Southeast Asia and Indonesia .
Away from the private sector , the Cambodian and US governments met in September , hosted by the American
Chamber of Commerce , for what the Phnom Penh Post described as a “ first-of-its-kind trade event ”; the Plenary Session of Business Opportunities in Cambodian Agriculture . Speaking at the event , US Ambassador William Heidt stated : “ Cambodian agriculture has enormous potential . From 2004 to 2012 , growth in the sector was 5.3 % – one of the fastest in the world . Crop yields and agricultural exports increased significantly .”