The ID Investors Association (IDI) held its Investment Roadshow on September 27, bringing together a diverse group of investors, entrepreneurs and industry leaders to explore new opportunities within Cambodia’s evolving economic landscape.
Led by IDI and ID Capital Plc chairman Hor Serey Vath, the event highlighted key investment prospects, particularly in the agricultural sector.
In his opening remarks, he emphasised the importance of collaboration and innovation in boosting the country’s economic development, according to an IDI press statement released the same day.
“Raising funds for agricultural projects is crucial for the sustainable development of our economy. IDI is committed to encouraging the import of innovative agricultural technologies and practices to enhance productivity and competitiveness,” he stated.
Serey Vath also expressed his gratitude to Prince Bank and the Agricultural and Rural Development Bank (ARDB) for their support in sponsoring the event.
The release highlighted that the roadshow served as an open platform for business owners, investors and partners to showcase their business concepts, seek investment and foster connections.
IDI secretary-general Chap Sopheak described the event as a crucial meeting point for the business community. He shared that a US delegation would visit Cambodia by December to discuss US Food and Drug Administration (FDA) requirements for local products, following a successful trip to the US.
“The roadshow allows entrepreneurs to present innovative projects while building valuable business networks,” Sopheak said, underscoring the importance of these interactions for the country’s economic growth.
According to the release, a presentation by Tan Monivann, vice-president of the Cambodia Chamber of Commerce (CCC), focused on the potential of agricultural investments through initiatives like qualified investment projects (QIP) and agricultural investment projects (AIP).
He detailed how these projects aim to create a robust ecosystem for agricultural productivity and sustainable practices, essential for strengthening the supply chain and boosting the sector's competitiveness.
In addition to the knowledge-sharing sessions, the event featured insights from key industry experts. Representatives from ARDB, Prince Bank and Numun Labs discussed financing options for the agricultural sector, including debt financing and fundraising for agri-tech ventures.
The release noted that participants explored emerging investment opportunities in areas such as corporate bonds and sustainable lobster farming.
Tieng Sivansak of Royal Group Securities Plc highlighted the stability of corporate bonds as a tool for portfolio diversification, while Chea Kim Hay of Piphop Bongkang Co Ltd showcased the profitability of lobster farming, a growing industry in the country.
The business-sharing sessions further explored critical topics such as cold storage investments and logistics strategies, with contributions from Chau Lon Molika of Cambodia Standard Development & Supply Co Ltd and Chov Sombath of RSL Global Logistics Co Ltd.
As a recurring event held every two months, the roadshow continues to be a vital platform for promoting investment and fostering economic growth in Cambodia. By connecting local entrepreneurs with international investors, the roadshow plays a crucial role in driving innovation and sustainable development across key industries, according to the press release.