Cambodia Tech Catalyst supported by Google APAC Launched in Koh Pich

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(12 March 2024, Phnom Penh) – At the launch event of Cambodia Tech Catalyst supported by Google, over 250 stakeholders from the tech and digital ecosystem including local start-ups, incubators, venture capital firms, founders, investors gathered at the Koh Pich City Hall in Phnom Penh.

The US Embassy, the International Business Chamber of Cambodia (IBC), a Harvard Alumni Delegation, members of Foreign Press, entrepreneurs and local university students took part of the initiative.

Entitled “Kingdom of Possibilities, the evening cocktail co-organized by OCIC Group and supported by ISI Group, Canadia Bank, Heineken, Anant Law Firm, and Bill24 hosted panellists who shared insights into optimizing investments and scale-ups in Cambodia. Key players such Mr. Sam Kosal of (Baksey Media), Mr. Bora Kem (Mekong Strategic Capital), Ms. Molika Meas (iCare Benefits), Ms. Melanie Mossard (Impact Hub), and new movers and shakers including Mr. Tharum Bun (Kiripost), Ms. Lida Loem (SHE Investments), Ms. Kounila Keo (Mekhala Radiant Communications), Ms. Sophie Taing (EMIA), and Ms. Lisa Chao (Khmer Enterprise) had the opportunity to reflect on the challenges of their journey and their respective paths to success.

Dynamic speakers from Google Cloud Singapore, Ms. Esna Ong (Start-up Success Manager) and Ms. Kathleen Chiu (Customer Engineer) presented the pivotal role of Generative A.I. in driving digital and technological transformations, at the same time, highlighting the essential contributions of Google services in today’s tech landscape and what they can do for Cambodia.

“We are pleased to see the interest of many entrepreneurs in Cambodia towards learning new technologies of the future and how modern solutions such as Generative A.I. can help transform the overall digital and tech landscape in the country.” Said Thierry Tea, Vice President of OCIC Group and CEO of Negocia Capital.

Students of Camtech University and young start-up entrepreneurs had the chance to meet thoughts leaders such Chy Sila of Sabay, Max Thornton of Rising Giants or Remi Pell of Cambodia Association of Fintech and Technology.

“We believe that the private sector can play a growing key role in supporting innovation forward,” added Tea. “Which is why groups like OCIC are contributing, taking steps to putting more investments in developing the necessary infrastructure such as Connexion Community Hub at Koh Pich to support research innovation.”

Furthermore, Ms. Esna Ong delivered a special overview highlighting the optimistic outlook for the region and Cambodia in the Google e-conomy Southeast Asia report which indicated a boost in regional consumer confidence and suggests that the ASEAN region is well-placed to capitalize on continued growth opportunities.

“Cloud technology is essential for start-ups like ours in Cambodia, as it offers an easier way to enter the market without hefty investments needed. We’re glad to see Google Cloud coming to Cambodia to support local start-ups.” Said Pisoth Yi, a junior at CamTech University and Founder of Polymer Invoice, a local start-up offering easy-to-use invoice management solutions to Cambodian MSMEs

“We’re excited to explore how we can use Google Cloud’s tools, like Vertex AI, to help micro & small businesses in Cambodia through services such as Polymer.” Added Akthichetha Yim, Co-Founder of Polymer Invoice.

The Cambodia Tech Catalyst initiative continues this week with CTO Connects at Connexion, at Camtech in Chroy Changvar and in Canadian International School in Koh Pich.

About Google Cloud

“Google Cloud: Google Cloud is at the forefront of AI-powered innovation and runs many startup-first initiatives including the Google for Startups Cloud Program which provides access to technical training, business support and credits up to $200,000 USD (up to $350,000 USD for AI startups) over 2 years. For more information visit: https://goo.gle/southxchange or goo.gle/48npdeT 

About OCIC Group

OCIC Group is a Cambodian diversified conglomerate. OCIC Group is a group of companies and businesses that are affiliated to OCIC and includes a business portfolio in property development, real estate, education, healthcare, airport, construction & engineering, retail, hospitality to media and leisure. OCIC’s major developments include the Techo International Airport, Koh Pich, Norea City, Chroy Changvar Satellite City and the Olympia City. OCIC Group is a member of Canadia Group. www.ocic.com.kh

Press Contact:

OVERSEAS CAMBODIAN INVESTMENT CORPORATION LTD. – CANADIA TOWER, ANG DUONG ST. (315), PHNOM PENH, CAMBODIA

Jeriko Enriquez – +855 10 713 816 – [email protected]

Ambrine Kateb – +855 96 233 7462 – [email protected]