On the afternoon of Thursday, 26 August 2022, the Trust Regulator (TR) and the Young Entrepreneurs Association of Cambodia (YEAC) signed a Memorandum of Understanding (MOU) on “Cooperation on Raising Public Awareness and Promoting Participation in the Trust Sector in the Kingdom of Cambodia.”
The MoU aims to (1) raise awareness of the trust sector among the members of YEAC, be able to prepare to invest in the trust sector in Cambodia, as well as strengthening the management, organization, and operation of the trust operation, (2) develop the trust sector in Cambodia by raising awareness, preparedness and operation of the trust sector, as well as encouraging young entrepreneurs in Cambodia to participate in the trust sector as well as to invest in this sector, and (3) strengthen and develop young entrepreneurs in Cambodia by helping their members gain a better understanding of the latest developments in the financial sector, increase investment options through various sources, strengthen management, organization and operations related to the trust also intend to contribute to the development of the national economy based on the market.
Stronghold Trustee was invited to attend the ceremony to share the joy with both parties. As the Trusts sector is a new sector with significant demand in Cambodia, We strongly believe that this MoU will bring further growth to this sector. Stronghold Trustee is ready to contribute and support the development of this sector to be better and more prosperous.