He described the agreement as “the foundational policy instrument designed” to expand bilateral trade flows and unlock new opportunities for both nations.
Kith Meng, who is also the Chair of ASEAN-BAC Cambodia, said that “CEPA is fundamentally synergistic as it secures a vital economic gateway for the UAE into the dynamic ASEAN market of 680m consumers, while offering Cambodia preferential access required to diversify its reliance and integrate into the crucial GCC hub”.
UAE and Cambodia trade
He said the recent Dubai Chamber delegation visit to Phnom Penh under the “New Horizons” programme reflects shared commitment to strengthening economic ties and advancing joint investments as Cambodia enters a new phase of openness and international engagement.
According to Kith Meng, the diversity of the Emirati delegation — spanning oil and gas, building material and construction, food and beverages, and healthcare — signals continued investor interest in opportunities across the Cambodian market.
He identified priority sectors for UAE companies, including infrastructure and logistics, where Cambodia is accelerating efforts to become a regional transport hub; tourism, which is seeing increased demand from the UAE and wider Middle East; and renewable energy projects aimed at reducing industrial power costs and improving competitiveness.
He added that cooperation in the digital economy is gaining momentum, particularly in FinTech investments that support cross-border trade finance and payment systems. This is accompanied by vocational training centres focused on developing skilled labour for the country’s manufacturing and services sectors.
CEPA trade deal
Kith Meng said Cambodia continues to achieve robust economic growth supported by financial stability, favourable policy landscapes and a new investment law offering comprehensive incentives, tax holidays and streamlined processes for foreign enterprises.
He described the country as a strategic gateway to ASEAN markets and a beneficiary of major regional trade agreements, including the Regional Comprehensive Economic Partnership (RCEP).
He encouraged UAE investors to explore available opportunities and pursue partnerships, affirming the Cambodia Chamber of Commerce’s readiness to provide full support and market guidance.
He also thanked Dubai Chambers for strengthening bilateral cooperation and said the timing is right to launch new ventures that deliver mutual benefit.