Cambodian Oknha Association Officially Launched
AKP Phnom Penh, June 10, 2023 --

The Cambodian Oknha Association (COA) was officially launched in Phnom Penh this evening under the presidency of Prime Minister Samdech Akka Moha Sena Padei Techo HE.

Speaking on the occasion, Samdech Techo HE, who is also the association’s Honorary President, welcomed the official launch of COA, thanked the private sector, particularly all Oknha, and encouraged them to continue taking part in the country’s development.

The COA was legally registered with the Ministry of Interior Oct. 25, 2022. It is aimed to maintain and enhance the supremacy of the title of Oknha and join the Royal Government in the country’s socio-economic development, and social and humanitarian activities.

COA is led by a 32-member Board of Directors, with Neak Oknha Ly Yong Phat as the President for a five-year term, while the day-to-day operation is carried out by the General Secretariat headed by Oknha Hun Lak.

The COA’s membership is divided into Founder Members, Active Members and Support Members.

Those who donate money or materials worth US$500,000 or more to the government will be granted the honorific title of Oknha from His Majesty the King at the request of the Royal Government. There are three ranks of Oknha in Cambodia: Oknha, Neak Oknha, and Lok Oknha.

According to Neak Oknha Ly Yong Phat, as of early this year, there are more than 1,000 Neak Oknha and Oknha in Cambodia.
By C. Nika
AKP

PM HE Strongly Hopes Cambodian Oknha Association Will Be a Seedbed and a Foundation for Major Business and Investment Networkings and Partnerships
11/06/23 14:40

Phnom Penh (FN), Jun. 10 – Cambodian prime minister HE expressed strong hope that the Cambodian Oknha Association (COA) will be the seedbed and the foundation for major business and investment networking and partnership in Cambodia.

The premier spoke during his meeting with the COA members on Saturday evening at Premier Sen Sok Phnom Penh.

"I sincerely hope that the COA will be the seedbed and the foundation for major business and investment networking and partnership in Cambodia as well as an indispensable partner of the Royal Government in enhancing the role of Cambodia in the regional and global trade,” the premier underlined.

Samdech was proud that this association was established at a time when the Royal Government of Cambodia is in need of a strategic partner to achieve the vision of transforming Cambodia into a middle-income country by 2030 and high-income country by 2050.

On that occasion, Samdech considered COA to be a testament to the strong relationship between the Royal Government and the private sector, as well as the unification of the two parties under the shadow of peace for the cause of the nation and lasting development.
=FRESH NEWS

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