Seven promising Cambodian female entrepreneurs have been chosen by the United States to partake in the upcoming Global Entrepreneurs Summit (GES), which will take place in Hyderabad city, India, from November 28-30.
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The event, a joint initiative of India and the US, will bring together 1,500 businesswomen and policy makers from all over the world to share business insight and help entrepreneurs take their companies to the next level, according to US Ambassador William Heidt, who hosted an event at his residence on Tuesday to announce the entrepreneurs that will be representing Cambodia at the global event.
About 500 entrepreneurs from the US and 500 from India will be present at the event, with another 500 coming from other parts of the world.
The US has allotted 83 slots for East Asia and the Pacific, with each US embassy in the region nominating up to 7 participants.
GES is an important annual entrepreneurship gathering attended by emerging entrepreneurs and investors from all other the world. This year’s summit will focus on women entrepreneurs, with US’s first lady Ivanka Trump leading the US delegation.
“We knew women’s entrepreneurship is a terrific area of cooperation between Cambodia and the US.
“I have seen personally how much progress there has been in Cambodia since the 1990s, and how many impressive women run businesses here, including many of the women standing in this room,” Mr Heidt said.
Lim Chivho, chairwoman of Attwood Import-Export and president of Phnom Penh Special Economic Zone, who is one of seven entrepreneurs chosen for the event, said on Tuesday that GES will give her the opportunity to showcase her business achievements and learn from those of others.
“We want to share what Cambodian women have achieved, and how we have contributed to the development of the nation.
“At the same time, we are hoping to learn new things and apply them to our businesses.
“It’s important to share experiences and knowledge and promote our country abroad. This is now just the job of the government; as private sector, we also have a role to play in this,” she said.
Ing Kantha Pavy, Minister of Women’s Affairs, said her ministry has been working hard to empower women and expand the opportunities available to them in the business world.
“Our goal is to help women expand their clout in the business sector as we believe this will make them more powerful and independent. Building entrepreneurship is the best way to empower them.
“We have developed a policy plan to help them. But we need all women to help themselves and not just rely on the government. They should speak as a single voice and raise their concerns to the government,” she added.
Mr Heidt said there are influential organisations working to boost women entrepreneurship in Cambodia and great interest among girls and young women in starting their own businesses.
“We nominated a group that doesn’t just represent Cambodia’s best and brightest, but who are also involved in mentoring the next generation of entrepreneurs,” he said, adding that Cambodia’s delegation will be bigger than those from Singapore, Thailand and even China.