Local IT firm eyes off-shore expansion

30 June 2014
The Phnom Penh Post
Business associations / Domestic investors / Economy and commerce / Foreign investors / Government / Investment / Ministries and other national bodies / Ministry of Commerce
GlobalVision / Ministry of Commerce / Singapore

Information technology firm First Cambodia on Friday joined forces with little-known Singaporean investment company GlobalVision, in a move that aims to expand the local company’s international footprint. As part of the joint partnership, GlobalVision has purchased a 50 per cent stake in First Cambodia for an undisclosed amount. The local IT firm will use the partnership to attract clients from overseas markets, San Sithea, CEO of First Cambodia, said. …

 Chan Muyhong
http://www.phnompenhpost.com/business/local-it-firm-eyes-shore-expansion