Aquarii BD (Cambodia) Co Ltd and the Malaysia Business Council Cambodia (MBCC) have formalised their strategic partnership.
As part of the Memorandum of Understanding, Aquarii and MBCC will exchange information, ideas, and views to jointly conduct activities to help foreign businesses and investors better understand Cambodia’s investment and business environment. They will also mutually promote each other’s platforms and help address outdated perceptions of the Kingdom. They will also help rectify any trust deficit that foreign businesses and investors may have of the country and its pro-business and pro-investment policies.
MBCC is the third business chamber to have formalised similar strategic partnerships with Aquarii, according to a press release.
Aquarii is a business strategy and development company established by diplomat-turned-businessman Michael Tan. Tan, the Singapore Ambassador to Cambodia from June 2016 to December 2020, is now Aquarii’s founder Director and Chief Executive Officer.
“Aquarii is extremely pleased to formalise this partnership with MBCC, a well-established and accomplished business chamber in the Kingdom with an outstanding track record of activities. It is a fact that there are numerous qualified and outstanding Malaysian professionals and businessmen doing good work and sharing their experiences and knowledge in Cambodia,” said Tan.
Businesses in Cambodia that are members of MBCC and choose to include their company information in the business directory on Aquarii’s free website (www.aquariibd.com) will be acknowledged in the filtered search results of the directory, the release said. It will 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 platform, the company said.
“Through strategic collaboration with like-minded and credible strategic partners such as MBCC, we hope to be able to help bridge any gap in perception and lack of familiarity of the Kingdom which foreign businesses and investors may have of Cambodia, to address or mitigate their pain points in doing business here”, Tan said, adding, “Concurrently, we want to enable and empower the larger business and investment community in Cambodia through our online free access business platform, our advisory service and our network of contacts, resource persons and Aquarii’s various selected preferred, referral and strategic partners.”
President of MBCC, Oknha Tan Khee Meng, said, “MBCC hopes that through this partnership with Aquarii, there will be more opportunities for foreign investors and businesses to connect with and reach out to our members who are in fact represented in a broad spectrum of businesses sectors and industries in the Kingdom. In turn, our members will have access to a wider audience of foreign investors and businesses.”
MBCC was formed in July 1997 and is one of the most established and accomplished business chambers in the Kingdom.