JBAC pivotal in shaping strong bilateral ties

Content image - Phnom Penh Post
The Japanese Business Association of Cambodia (JBAC).

The Japanese Business Association of Cambodia (JBAC) was established in 1992 with the primary aim of promoting Japanese companies in Cambodia, and developing economic activities between the two nations.

Made up of 270 Japanese companies, the members of JBAC are mostly involved in the manufacturing, construction, real estate, trade, transport, commerce, finance, insurance and services sectors.

All its members maintain high standards, and comply with Cambodian social norms and laws, adhering strictly to new regulations and labor laws.

JBAC recognizes that the Cambodia-Japan public-private sector meeting – held in accordance with the Cambodia-Japan Investment Agreement – is an important opportunity to discuss about further improving the Kingdom’s investment environment.

Meanwhile, the channel of dialogue with the Cambodian government has expanded in recent years, with greater opportunities existing for individual dialogue and discussions with relevant ministries and agencies, while JBAC’s voice has been reflected in policymaking decisions.

While the Covid-19 outbreak impacted Japanese investments in Cambodia – with withdrawals and delays in investment decisions – thanks to the Cambodian government’s persistent efforts, the number of JBAC members has decreased only slightly compared to previous years.

Existing companies are expanding their investments with confidence, which has become a tailwind for Japanese investors currently considering new investment opportunities.

JBAC, with the cooperation of the Embassy of Japan in Phnom Penh, ​​the Japan International Cooperation Agency (JICA), the Japan External Trade Organization (JETRO) and other International Organizations, Associations and Chambers, has played a pivotal role in expanding Cambodia’s economic growth as a public-private unity.

JBAC continues to contribute to Cambodia’s economic development by working on business developments that meet the social needs of Cambodians, with Japanese quality every time.