The Young Entrepreneurs Association of Cambodia (YEAC) is the business association to formalize a strategic partnership with Aquarii BD (Cambodia) Co Ltd through a Memorandum of Understanding this morning.
Under the MOU, they agreed to promote the Kingdom as an attractive emerging market for investments and to do business. It also spells out their individual and joint commitment to help address outdated perceptions that foreign businesses and investors may have of Cambodia by highlighting its pro-business and pro-investment policies, as well as to jointly conduct business networking activities where appropriate and practicable.
“This strategic partnership with Aquarii will be useful in helping members of YEAC access a more international audience of investors and businesses, as well as offer more options in business matching, two of our key priorities and deliverables,” said Executive Vice President of YEAC Okhna PECH Bolen. “We are therefore glad to associate with and support the inclusive Aquarii business platform and its business approach”.
Established in September 2009 by a group of young passionate entrepreneurs from various business sectors, YEAC is one of the most dynamic and progressive-minded business association/chambers in Cambodia whose average age of its members are under the age of 40 years old. It currently has 5 chapters in Banteay Meanchey, Battambang, Kompong Cham, Phnom Penh, and Siem Reap, and proactively engages in policy advocacy and dialogue with relevant government ministries and agencies so as to be effective in representing the interests of its members, as well as to provide constructive inputs and feedback to the relevant policymakers.
Aquarii is a business strategy and development company newly established by diplomat-turned-businessman, Michael Tan. Tan was formerly the Singapore Ambassador to Cambodia from Jun 2016 to Dec 2020 and is now Aquarii’s founder Director and Chief Executive Officer, based in Phnom Penh.
Businesses in Cambodia that are members of YEAC and other business chambers that have a formal partnership with Aquarii and that choose to include their company information in the Business Directory on Aquarii’s freely accessible online platform (www.aquariibd.com) will be acknowledged as such in the filtered search results of the directory. This should give greater confidence to foreign businesses and investors to connect or deal with service providers, business counterparts, or investment partners in Cambodia that they have sourced through the Aquarii BD platform.
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