Sumitomo Mitsui Banking Corporation and Phnom Penh SZE Co., Ltd. Executed a Memorandum of Undertaking(1/1)
Sumitomo Mitsui Banking Corporation
Sumitomo Mitsui Banking Corporation and Phnom Penh SZE Co., Ltd.
Executed a Memorandum of Undertaking
TOKYO, November 15, 2013 --- Sumitomo Mitsui Banking Corporation (gSMBCh, President & CEO: Takeshi Kunibe) announced today that is has executed a Memorandum of Undertaking (gMOUh) with Phnom Penh SEZ, Co., Ltd., the operator of the Phnom Penh Special Economic Zone (gPP SEZh), on November 15, 2013, to begin their mutual cooperation including supporting and soliciting investment of Japanese corporations into Cambodia, in order to promote business exchanges between Cambodia and Japan
PP SEZ is the only
industrial park in the vicinity of
Since the establishment of Phnom Penh
Representative Office in February 2012, SMBC has been continuously supporting
its clients in
The singing of this MOU on mutual
cooperation reflects our proactive stance to strengthen the SMBCfs capabilities
to support the business activities of Japanese corporations in
[Reference] Profile of Phnom Penh SEZ, Co., Ltd.
Chairwoman : Lim Chhiv Ho
Year of Establishment: 2006
Other: As of the end of October 2013, there were 63 corporations in PP SEZ and more than half were Japanese corporations.