Thursday, 30/03/2023 17:03 (GMT+7)
A memorandum of understanding (MoU) on strategic cooperation was signed by Metfone, the Cambodia-based affiliate of the military-run telecom group Viettel, and ISI Group of Cambodia in Phnom Penh on March 29.
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| At the signing ceremony (Photo: VNA) |
According to the MoU, the two sides will bring into full play their advantages and strengths to support each other. Accordingly, Metfone will ensure the network in the areas where the multi-sectoral Cambodian group is investing, and cooperate with K-mall, the commercial centre chain which sees ISI investments, in the field of marketing.
Metfone committed 45,000 USD/year to ISI for five years, including funding for flashlights at its Dangkor Senchey Stadium, and agreed to consider sponsoring its football club. Metfone also allowed ISI subsidiaries to optimise its technical platform for marketing purposes.
According to Mr. Cao Manh Duc, Metfone General Director, the cooperation is expected to promote socio-economic development in Cambodia and improve local residents’ living standards.
He expressed his hope that ISI will help Metfone in upcoming business activities, and maintain its leading position in telecoms services in Cambodia, thus better meeting the increasing demand of Cambodian people.
Metfone General Director pledged that his firm will make efforts to support ISI when possible, suggesting the two sides put forth a specific implementation plan for the MoU following the signing ceremony.
Metfone has been operating in Cambodia for more than 14 years and has directly created jobs for over 3,000 labourers and contributed nearly 1 billion USD to the local budget so far./.
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