The 19th Government-Private Sector Forum (G-PSF) opened at the Peace Palace in Phnom Penh under the chair of Prime Minister Samdech Thipadei Hun Manet.
Prime Minister Samdech Thipadei Hun Manet chairs the 19th Government-Private Sector Forum. (Photo: cpp.org.kh)
Phnom Penh (VNA) – The 19th Government-Private Sector Forum (G-PSF) opened at the Peace Palace in Phnom Penh underthe chair of Prime Minister Samdech Thipadei Hun Manet.
This was an important dialogue between the Government leader and the privatebusiness community to look for measures aimed at bolstering business activities in thecountry.
In his speech, PM Hun Manet stressed the forum showed the urgency and necessityof the Royal Government’s economic agenda in the 7th tenure, adding that the Government intends to organise a joint process with the private sector fromthe beginning of the mandate to harmonise and achieve the country’s common ambitionand vision of becoming a upper-high income country by 2050.
The forum was billed as an expanded Cabinetmeeting since the private sector is important partner to promote the country’seconomy, he said, highlighting the forum aimed at handling challenges forbusinesses and investors so as to bolster the development of the private sectorin Cambodia.
Meanwhile, Deputy Prime Minister and First Vice President of the Council forthe Development of Cambodia, said the G-PSF was held to improve the businessenvironment, build trust, and encourage private investment through a demanddriven process with the private sector identifying issues and recommendingsolutions.
Deputy Prime Minister and Minister of Economy and Finance Aun Pornmonirothpresented a report that spotlights the private sector’s development, and systematicreform solutions to develop the economy.
At the forum, delegates proposed initiatives and mechanisms to remove bottlenecks forprivate firms’ operations.
PM Hun Manet also announced the Government’s several policies on taxpreferences, simplification of administrative procedures, facilitation of thetrading of farm produce, and tourism recovery./.
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Prime Minister Samdech Thipadei Hun Manet chairs the 19th Government-Private Sector Forum. (Photo: cpp.org.kh) 
