A Representative From TradeWaltz Inc. Met With Cambodian Prime Minister Hun Sen, the Chair of ASEAN– Utilizing the private session time between the bilateral talks and dinner with Japanese Prime Minister Kishida at the Asia-Pacific Water Summit in Kumamoto to discuss our future development in Cambodia

TradeWaltz Inc. 

  Tradewaltz Inc. (Hereafter referred to as Tradewaltz) that operates TradeWaltz®, a trade information linkage platform, met with Cambodian Prime Minister Hun Sen, the ASEAN chair, who was attending the Asia-Pacific Water Summit in Kumamoto on Saturday evening, April 23, towards future service expansion into Cambodia.　 

 Prime Minister Hun Sen expressed his desire for further cooperation in the Sihanoukville Port Upgrading Project currently in promotion with the Japanese government. 

■ Japanese historical background of supporting international Trade in Cambodia　 

 Since 1999, the Japanese government corporated with JICA to support the development of Sihanoukville, Cambodia’s main port, including investments to aim at developing Cambodia’s international trade. As Cambodia’s only deep-water port, Sihanoukville Port has been establishing itself as an international port capable of receiving large vessels and has recently begun switching over to management by private Japanese companies, and further advancement measures have been implemented, including Port-EDI (※1 planned to be released in August 2022). 
※1） https://www.mofa.go.jp/mofaj/gaiko/oda/press/shiryo/page22_001121.html 

■ Logistics hubs currently being promoted in Japan and Cambodia　 
As Cambodia is geographically located in the middle of the ASEAN region, it has the potential to become a transfer station (=logistics hub) for the region by upgrading its logistic capabilities, and to do this it plans to advance Sihanoukville Port further in cooperation with the Japanese government and companies. (*2) 

※2）https://www.mofa.go.jp/mofaj/s_sa/sea1/kh/page4_005534.html 

 In particular, the construction to increase the water depth of Sihanoukville Port from 13 to 14 meters is an important project for receiving large vessels and expanding direct trade with other countries like Japan, and Prime Minister Hun Sen is highly interested in the project. (※3） 

※3）https://starofcambodia.com/Sihanoukville’s first water depth port, sponsored by Japan, has been postponed/ 

 In addition, AEON Mall Cambodia has built and started operating the country’s first multifunctional logistics center in the Sihanoukville Port Special Economic Zone, equipped with the necessary licenses for cross-border EC businesses including customs bound function, agency services for customs clearance and fulfillment center functions. （*4) 
※4）https://www.lnews.jp/2022/01/o0113303.html 

■Prime Minister Hun Sen’s Meeting held on April 23 

  Prime Minister Hun Sen held a private sector session during his visit to the Asia-Pacific Water Summit in Kumamoto, Japan. The session took place in the hour between government meetings and dinner, which included 30 minute discussion with Mitsubishi Corporation, which has been operating its businesses in the country since 1997, and TradeWaltz Inc., a company invested by Mitsubishi Corporation.  

 TradeWaltz’s Managing Director and Head of CEO’s Office, Mr. Someya, attended the meeting and discussed TradeWaltz’s digital trade efforts with the ASEAN region, as well as TradeWaltz’s upcoming Cambodian expansion, which is being discussed with Sihanoukville Port officials and ASYCUDA in Cambodia, and also requested their cooperation in the future. 

Prime Minister Hun Sen responded to the following three points regarding trade. 

(1) We would like to keep importing machinery from Japan and expand apparel exports to Japan. 

(2) We’ve promised Prime Minister Kishida the water depth increase project, and we’ll keep working towards improving logistics around the Sihanoukville Port area. 

(3) As for the expansion and entry of foreign companies into Cambodia, including those from Japan, the new investment law has been enforced, and Minister Sok Chenda, who is also present, is in charge of the issue, so if you have questions, please address them to him. 

The Khmer Times reported on the meeting, as well as Hun Sen’s own Facebook page.  

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