Cambodian Derivatives Exchange Co., Ltd. (“CDX”) and Cambodian Valuers and Estate Agents Association (“CVEA”), a non-profit body which brings together property valuation & real estate agents organizations that represent valuers, real estate agents, and related property consultants, signed on September 15, 2018 a ground-breaking Memorandum of Understanding (“MOU”) aimed at setting a framework for collaboration in relation to the development of investment in Cambodia, particularly in the areas of finance and real estate. This MOU is the first high-profile cooperation between a derivatives Exchange and a real estate powerhouse in the right direction on the ongoing efforts of both institutions to foster the local investment while also enriching the education sector and creating lots of jobs along the process.
Mr. Lawrence Kook, Director of CDX, and Dr. Kim Heang, President of CVEA, represented both parties respectively to ink the MOU to officially acknowledge on the business collaboration, which produces greater synergy and is highly expected to set up a solid foundation for gradual national economic growth. These two important figures also showcased their genuine commitment in meeting the expectations as well as expressed their interest in welcoming other partners to join them in order to achieve more and more significant results in a shorter period.
Based on this MOU, CDX and CVEA will share resources and work hand in hand with an all-encompassing goal of promoting investment education to the public especially investors through quality seminars, workshops, forums, and training courses across the whole Cambodia. Not only investors in the cities but also investors in far provinces can access such education, thus enabling them to cumulatively accumulate investment strategies and get a better return on their investment.