The American Chamber of Commerce in Cambodia (AmCham) has hit a record membership number of 215 paid-up companies announcing the milestone at its monthly real-estate and construction industry night.
AmCham President Anthony Galliano spoke to the over 100 attendees at the Hard Rock Café in Phnom Penh stating the chamber has been growing at record levels with more American, international, and locally owned companies joining its ranks.
“AmCham has been recruiting new members at a record speed as well as retaining approximately 85% of its existing membership base through providing a combination of industry networking events, advocacy committees, and corporate social responsibility commitments,” Galliano said.
“The chamber just celebrated its 25th-anniversary last year and it took us 25 years to reach 100 members. It has taken us only one year more to reach 215,” he added.
Strong membership growth for AmCham in 2022
The chamber offers six membership options for companies ranging from Platinum to Start-Up packages providing a range of benefits from event participation, joining committees, and voting rights.
While all members must demonstrate an American connection this can be through American customers, suppliers, employees, or partners, effectively all open sources and nationalities are welcome.
Unlike the European Chamber of Commerce in Cambodia all non-American-owned companies are also eligible to vote in the annual elections. To read more about becoming an AmCham Cambodia member click here.
AmCham recently announced it would be donating 10% of all membership fees to a social corporate responsibility fund. A move the chamber said would allow its members to truly give back to the Cambodian people.
It most recently donated $10,000 to the de-mining effort in Cambodia’s Prey Veng province declared the second province to be fully de-mined after Kep province was declared earlier this year. To read more about de-mining efforts in Cambodia click here.
Focus on women in the chamber
The chamber has also taken a proactive policy on promoting more women in Cambodia’s business community with many more women now attending the networking and industry events.
AmCham Vice-President and head of its women’s committee, Kim Tol Tan has previously told Cambodia Investment Review that she was honored to be elected as Vice President for the upcoming term for the American Chamber of Commerce Cambodia.
“AmCham has seen the most growth in memberships and increased activities to engage with its members this year than ever before,” she said.
“My goal is for us to focus more efforts on advocating for our members, empowering women in business, and adding new initiatives that will add greater value to our members and the community as we continue to drive for membership growth to allow for more networking and business opportunities among members,” she added.
Founded in 1996, AmCham is an independent non-profit membership organization of both American and Cambodian companies that share a connection to American commerce. Our role is to support our Members’ growth and success.
AmCham businesses play an important role in the Kingdom’s story of economic development and are a leading voice in Cambodia’s international business community.