US Ambassador Says Corruption Scares Off American Firms
Wednesday, 25 September 2013 , Written by « By Ben Woods and Phorn Bopha »   
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US Ambassador Says Corruption Scares Off American Firms
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September 20, 2013

U.S. Ambassador William Todd on Thursday said that despite his efforts to promote Cambodia as an attractive destination for business, major American companies are reluctant to invest here as they still perceive the country as indelibly corrupt.

“I believe now is the time for big U.S. businesses to come here. And I believe that they want to come here—but I believe that the issue about corruption is preventing them from coming here,” Mr. Todd said ahead of a workshop on corruption hosted by the American Cambodian Business Council (AmCham) in Phnom Penh.

 
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