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Nov 02, 2016

Bretton G. Sciaroni, Senior Partner of Sciaroni & Associates and Chairman of the American Chamber of Commerce in Cambodia (AmCham), has contributed his remarks in a Special Report in a recent article in Los Angeles Times on an...


Bretton G. Sciaroni, Senior Partner of Sciaroni & Associates and Chairman of the American Chamber of Commerce in Cambodia (AmCham), has contributed his remarks in a Special Report in a recent article in Los Angeles Times on an “ Equally Open and Incentivizing Investment Climate” to diversify the underlying economic base in Cambodia despite an 11.7% growth in the industrial sector year-to-year and a 14.1% increase in merchandising exports to $8.5B USD.  In response to the Royal Government of Cambodia’s release of a ten-year Industrial Masterplan Policy focused on upgrading the industry from low-cost, labor intensive manufacturing to production of goods with higher added value, Mr. Sciaroni commented that “Cambodia has agriculture, garments and tourism, but it will not be there forever, which is why we need to diversify. What we [in the private sector] are trying to do is to encourage the government by supporting them in their new policies”.
 
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Sciaroni & Associates is a leading professional and investment advisory firm doing business in Southeast Asia since 1993. Based in Cambodia with legal offices in Laos and Myanmar, we provide experienced advice and business insights to many of the world’s leading companies, governments, economic think tanks, global development funds, international NGOs and the Royal Government of Cambodia in accordance with strict international standards.
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