US firms eye new markets in the Kingdom

VISA, Mastercard, Dell and Cisco Systems have been added to a growing list of US companies looking to enter the Cambodian market, according to Frances Zwenig, counsellor of the US-ASEAN Business Council. The financial services and information technology companies joined GE, Chevron, Johnson & Johnson and several other big US companies during the council’s visit to the Kingdom last week, challenging what Zwenig said was the perception that US companies were interested solely in the Kingdom’s  energy sector. The US-ASEAN Business Council is in Lao today and will arrive in Vietnam tomorrow for a two-day visit. Eleven companies visited Cambodia this year, up from seven last year.