Cambodia Investment Review
The US-ASEAN Business Council (USABC) has wrapped up a high-level business mission to Cambodia, signaling renewed momentum in U.S. commercial engagement as global supply chains continue to recalibrate across Southeast Asia.
A delegation of senior executives from 12 major American firms across energy, manufacturing, financial services, and tourism met with Prime Minister Hun Manet and key members of his economic cabinet. The discussions focused on advancing cooperation in digital transformation, energy security, financial inclusion, and regulatory reforms designed to enhance Cambodia’s competitiveness within ASEAN.
US Companies Eye Long-Term Growth Potential
USABC leadership emphasized that American companies continue to view Cambodia as a rising market within the region, supported by ongoing economic reforms and strong export linkages to the United States.
“American companies see tremendous potential in Cambodia’s continued economic growth and its role in the future of ASEAN,” said Amb. Ted Osius, USABC Senior Vice President and Regional Managing Director. He noted that the mission reflects the U.S. private sector’s commitment to supporting Cambodia’s modernization agenda and unlocking new areas of investment.
Simonetta Verdi, Managing Director of Government Affairs for the International Markets Group at Ford Motor Company and Chair of the USABC Cambodia Committee, highlighted the government’s efforts to strengthen the investment climate. She said the delegation “appreciates the Royal Government’s readiness to engage and its efforts to improve the investment environment for U.S. companies.”
Focus on Digital, Energy, and Regulatory Reforms
The mission placed particular emphasis on the need to strengthen digital infrastructure, expand access to reliable and affordable energy, and accelerate the reforms required to attract manufacturing diversification. Officials and executives discussed practical steps to improve regulatory predictability, streamline investment processes, and support emerging sectors such as cybersecurity, fintech, and sustainable energy solutions.
USABC reiterated its role as a key facilitator between the U.S. private sector and Cambodian policymakers, offering policy recommendations and fostering a more transparent and business-friendly environment.
Strengthening a Growing Bilateral Economic Relationship
The visit comes as bilateral trade continues to expand, with the United States remaining one of Cambodia’s largest export markets. U.S. companies are increasingly looking to Cambodia as part of wider ASEAN strategies centered on diversification, regional connectivity, and long-term market growth.
Alongside the mission, USABC announced the appointment of Dararith Lim as its first in-country Executive Strategic Advisor for Cambodia — the first such appointment in the Council’s 41-year history. The new role is expected to deepen local engagement and support the expansion of U.S. corporate interest in the country.
As Cambodia moves into its next phase of development, the Council noted that U.S. companies remain committed to supporting inclusive growth, human capital advancement, and sustainable economic opportunities across the Kingdom.
