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CAMBODIA’S ECONOMY & INVESTMENT INCENTIVES

Located in the center of ASEAN, Cambodia is the future gateway to Asia. Cambodia has experienced remarkable economic growth, with annual GDP growing at an average annual rate of more than 7% over the past 15 years, with construction and real estate being two of the key pillars of the economy.

Cambodia has an open, liberal economy and foreign investment regime with a pro-investor legal and policy framework. Investment incentives available to foreign investors include 100% foreign ownership of companies, corporate tax holidays, duty-free import of capital goods and no restrictions on capital repatriation.

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ISI GROUP LEADERSHIP

ISI GRoup leadership

founders

Lok Chumteav Khun Heang & Lok Okhna Kang Meng Huy

Founders

Within ISI GROUP, we pay deep respect and tribute to our founders. Together, husband and wife pair, Lok Oknha Kang Meng Huy and Lok Chumteav Khun Heang laid the foundations for who we are and what ISI GROUP has turned into today. Our founders are humble, hardworking and honest people with a vision of a better Cambodia. They dedicated their lives to creating and innovating, finding solutions to problems most people would not have even realized existed. They set the values and are the role models upon which the company’s management continue to build ISI GROUP and are at the root of why ISI GROUP has continued to grow and thrive for more than 20 years.

Lok Oknha Kang Meng Huy and Lok Chumteav Khun Heang formed ISI GROUP in 1997 with the founding business, International Steel Industrial, which was a color roofing sheet former. In 2001, our founders established their second business, Raksmey Phnom Penh Steel Industrial, Cambodia’s first steel pipe making factory, leading the way for the industry in the Kingdom. In 2006, these two companies merged to become ISI STEEL, as we know the company now. Today, ISI STEEL is one of Cambodia’s most trusted and successful companies.

Lok Chumteav Khun Heang is also the Founder of ISI GROUP’s KMH Foundation, which was set up in honor of Lok Okhna Kang Meng Huy.

ISI GROUP LEADERSHIP

ISI GRoup leadership

executive leadership

Mr. Kang Leng

CEO, ISI GROUP & CEO, ISI STEEL

Cambodian born Kang Leng, CEO of ISI GROUP, spent a decade gaining international exposure, experience and education in Singapore and Australia. Leng first studied Bachelor of Commerce (Accounting and Marketing) and went on to complete a Master of Commerce (in Organizational Management) both at the University of New South Wales. Afterwards he worked as a Capital Gain Tax Accountant in States Street, Sydney, for two years.

Returned to Cambodia in 2009 with a passion for entrepreneurship that creates positive impacts and contributions to society, Leng first joined ISI GROUP as an assistant to the Founder. He became Managing Director of ISI STEEL, the founding company of ISI GROUP, in 2011 after having successfully transformed various functions such as the Operations, Accounting & Finance, Procurement, Sales and Marketing. He then became CEO of ISI GROUP in 2017, where he sits today.

Mr. Kang Leng

CEO, ISI GROUP & CEO, ISI STEEL

Ms. Kang Chanbopha

Director of the Board, ISI STEEL & National Sales Manager, ISI STEEL

Ms. Kang Chanbopha has been contributing to ISI STEEL and ISI GROUP since their formation. As a result of her extensive work experience in teams within the company, she has developed specialist knowledge across the steel and construction industry. Currently, Ms. Chanbopha leads ISI STEEL’s sales department nationally.

Ms. Kang Chanbopha

Director of the Board, ISI STEEL & National Sales Manager, ISI STEEL

Mr. Kang Hok

Director of the Board, ISI GROUP & Founder and Managing Director of Urbanland Investment Co., Ltd

Born in Phnom Penh, Mr. Hok Kang received Architecture and Entrepreneurship degrees at University of St. Louis, Washington in 2005. Upon his graduation, he joined a design company, Kengo Kuma and Associates in Tokyo, Japan in 2010. Soon after he returned to Cambodia and began his own practice, Hok Kang Architects, winning several awards for residential and commercial developments such as Embassy Residences, Embassy Central and Raintree respectively. In 2013, Hok founded Urbanland, a pioneering and trusted real estate developer that leads change in Cambodia.

He is co-founder of Cambodia’s leading coffee chain, BROWN, and he sits in the board of ISI GROUP to provide strategic direction and insight. Urbanland is part of ISI GROUP’s property development division.

Mr. Kang Hok

Director of the Board, ISI GROUP & Founder and Managing Director of Urbanland Investment Co., Ltd

Mr. Kang Sen

Director of the Board, ISI GROUP & Managing Director, Fuxin

Graduated with a BA in Civil Engineering and MA Construction Project Management from Australia, Mr. Kang Sen returned to Cambodia in 2011 with a passion to help transform the construction industry. He founded Fuxin Steel Buildings in 2012, Cambodia’s first and biggest pre-engineered steel building company. In 2017, Mr. Kang Sen co-founded Mekong Homes, an affordable housing project that aims to improve the lives of rural Cambodians. As Managing Director of Fuxin, he focuses on promoting modular precast construction and is committed to promoting steel industry and the application of steel in construction. Fuxin held Cambodia’s first ever international Steel Forum in May 2018, which was attended by more than 300 high profile, international guests. Mr. Kang Sen sits in the board of ISI GROUP and provides expertise on strategic direction.

Mr. Kang Sen

Director of the Board, ISI GROUP & Managing Director, Fuxin

Mr. Kang Somnang

Director of the Board, ISI GROUP & Assistant CEO, ISI STEEL‍

Educated in Singapore, receiving BA. Economics and Information Systems, Mr. Kang Somnang has been with ISI STEEL for over 6 years. During this time, he has gained experience across departments including warehouse & production, IT and Marketing. In 2012, he led the implement the ERP platform, which is still used today. In 2018, Somnang led the incorporation of Soundskool, Cambodia’s leading music educator and instrument retailer, into ISI GROUP, marking the creation of their new Investment division. Previously, Somnang held the role of Marketing Director and has recently been appointed as Assistant CEO.

Mr. Kang Somnang

Director of the Board, ISI GROUP & Assistant CEO, ISI STEEL‍

Mr. Narath Veasna

Chief Officer - People & Operations, ISI GROUP

Veasna currently serves as Chief Officer - People & Operations at ISI GROUP. His professional and business experiences include general management and operations, business advisory and strategy development, education and human resources. Prior to ISI GROUP, Veasna was a Chief Officer and a founding ExCo Member of a UK-based life insurance company, assisting them with the establishment of business in Cambodia. His other past positions include Chief Operating Officer, Head of HR and Executive Manager, mostly in multinational corporations. Veasna had also been through the entrepreneurial and start-up journey, having served as the Co-GM of a business incubation center, sat on the Board of an MFI, started up a Cambodian Technology company in Laos, and invested in some business ventures. Veasna was educated in Cambodia, with executive HR and Risk credentials from Japan and the UK, and used to work in Laos and Singapore, where his portfolio covered other countries in the ASEAN region.

Mr. Narath Veasna

Chief Officer - People & Operations, ISI GROUP

Mr. David Sok Dara Marshall

Chief Financial Officer, ISI GROUP

David has worked in finance for over 20 years and executive positions including Head of Corporate & Institutional Banking, Head of Transaction Banking, Chief Risk Officer, Head of Financial Institutions, Head of SME and Mortgages at ANZ Royal Bank, Sathapana Bank and previously TD Canada Trust and Canadia Bank.  In addition, he worked as a Partner in a boutique investment and finance consulting firm, Mekong Strategic Partners, for a year and a half.  He holds a bachelor in Sociology, as well as credentials from the Canadian Securities Institute in the investment and securities fields.  David has significant experience in structuring financial transactions and capital structuring.

Mr. David Sok Dara Marshall

Chief Financial Officer, ISI GROUP

ISI GRoup leadership

Independent advisors & consultants

H.E. Dr. Sok Siphanna

Advisor

Managing Partner at Sok Siphanna & Associates and advisor to the Council for Development of Cambodia, Dr. Sok has unique experiences and insights related to the development of the Cambodian legal system, the business environment and the intricacy of the commercial and investment law evolution in Cambodia. His vast hands on experience as a former Commerce Secretary of State (Vice Minister) in the Cambodian Government, where he worked extensively on issues related to commercial and investment legal framework, trade promotion, trade policies, trade development, and economic integration, gives him a unique perspective on both the macro and micro needs of businesses and foreign investors alike. In the area of policy formulation and policy mainstreaming he was responsible for leading a large multidisciplinary inter-agency task force to prepare complex action plans (including the National Legislative and Regulatory Agenda) and to negotiate successfully Cambodia's accession to the WTO. He was also instrumental in initiating the development of the first ever trade Sector Wide Approach (SWAp) for Cambodia. He was responsible not only for the preparation of the various commercial laws currently in force in Cambodia, but also for their defence in front of the Council of Ministers, the National Assembly and the Senate. H.E. Dr. Sok Siphana is advising ISI GROUP on overall business strategy, with particular focus on legal framework.

H.E. Dr. Sok Siphanna

Advisor

Mr. Yoshida Eisaku

Advisor

With more than 47 years’ experience, Mr. Yoshida Eisaku is a pioneer in the steel business and is a mentor to Mr. Kang Leng. Mr. Eisaku’s work experience includes Yodogawa Steel, Osaka, Japan and 15 years for SYSCO, Tawian. SYSCO was the first coated steel mill in Taiwan and under his leadership, Mr. Eisaku transformed the company into a benchmarking steel company in Taiwan. His philosophy guided the making of SYSCO and included using international levels of quality and service, improving safety, increasing transparency and valuing, training and developing staff. With these in place, SYSCO obtained international standards like JIS ISO and other credits, received national safety awards and grew to be the industry leader that it still is today.

Mr. Yoshida Eisaku

Advisor

Mr. Michael Goh

Advisor

Mr. Michael Goh has 30 years’ experience with financial institutions in charge of Asia Pacific region. His key areas of expertise are in Corporate Governance, Risk Management & Strategic Operations and Corporate Finance-Investment Banking.

Currently Mr. Goh is the Founder and Chairman of 3E-Fii Group which specializes in Corporate Financial Solutions for emerging markets in Asia. The Group provides (1) Finance Services: Accounting, Audit and Tax Advisory (2) Business and Financing Advisory: Business Strategy & Financial Management, Structured Capital Market Financing (3) Corporate Finance: Valuation Due Diligence for M&A supported by research. In addition, together with his team, they provide Customised Financial Training, Executive Search for their corporate clients, and Cross Border Wealth Management Services via his overseas strategic partners.

Mr. Goh also provides Board-Director role service to a risk management association, MDFIs in emerging markets, financial institution and family conglomerate group. He has held Executive Management positions in financial institutions including AIG Group and Standard Chartered Bank, Credit Agricole CIB, ABN Bank and BEA Hong Kong Bank. Mr. Goh has also led mentoring and training initiatives with global rating agencies across Asia and Europe.

Mr. Michael Goh

Advisor

Mr. Wei Hung Long

Consultant

Representing China Productivity Center (CPC), Mr. Wei has been working on Total Quality Management (TQM), with the implementation of 5S (Sort, Set in Order, Shine, Standardize, and Sustain) program, a management approach for long-term success. A 5S program focuses on having visual order, organization, cleanliness and standardization. The results from the program are: improved profitability, efficiency, service and safety.  ISI STEEL is successfully operating under the 5S model with great results.

Mr. Wei Hung Long

Consultant

ISI GROUP Privacy Policy

Your privacy is important to you and to us. The following information informs you of our policies regarding the collection, use and disclosure of personal data when you use our website and the choices you have associated with that data.

 

ISI GROUP ("us," "we," or "our") operates the www.isigroup.com.kh website. ISI GROUP policy is to only collect personal information which is for our dealings with you and to improve your experience on our website. We take suitable steps to protect personal information that we collect from unauthorized access, modification, misuse, interference, loss and distribution. We may disclose personal information overseas to allow external parties (e.g. Google Analytics) to perform their services for us, but this will only be done in strict accordance with the guidelines set forth in this privacy policy.

 

Please read the following policy to understand what private information we collect, how it is used, and how it is protected from misuse.

Collection of Personal Information


The type of information we collect depends on the dealings between us and you. The circumstances below explain situations in which we might collect your personal information.

a.      Seek employment with ISI GROUP or are an ISI GROUP employee (e.g. conducting background checks for the purposes of employment)

b.      Register or subscribe to join ISI GROUP programs, mailing lists or competitions

c.      Use ISI GROUP corporate or entity websites, social media and other online services

d.      Use mobile applications developed by ISI GROUP

e.      Log on to ISI GROUP wireless facilities (e.g. office wifi)

 

What personal information do we collect?


The following list provides you with the type of information we collect. This information will only be collected if you provide it.

a.      Email Address

b.      First Name & Last Name

c.      Phone number  

d.      Photographs or video you provide to us

e.      Your opinion about a product or service we provide

f.       Cookies and usage data

How do we use & protect your information?

We will only disclose your information or make it public with your consent. Knowing your information is used correctly and safely is important. The following list provides guidelines as to how we will use your private information.

a.      Providing requested products and/or services

b.      Enhancing our products and services, including analyzing customer feedback and future customer needs

c.      Communicating with you

d.      Providing ongoing information and marketing materials to you, if this is a service you have signed up for.

e.      Complying with regulatory and legal obligations. If ISI GROUP is legally obliged to provide private information, we will adhere

f.       Recruitment

 

Cookies


Like most websites, ISI GROUP uses cookies to improve your experience on our website. It is up to you if you would like to accept cookies. If you don’t want to accept cookies, you need to update your browser settings.

 

More information:  

a.      ISI GROUP, along with third-party vendors such as Google, use cookies (ex. Google Analytics cookies) and/or other third-party identifiers to compile data regarding user interactions with ad impressions and other ad service functions as they relate to our website.

b.      You can choose to have your computer warn you each time a cookie is being sent, or you can choose to turn off all cookies. You do this through your browser settings. Since each browser is a little different, look at your browser’s Help Menu to learn the correct way to modify your cookies.

c.      If you do not consent to cookies being used, you will not have full functionality of our website.

d.      You can find out more about cookies here.

Usage Data

We may also collect information on how the ISI GROUP website is accessed and used ("Usage Data"). This Usage Data may include information such as your computer's Internet Protocol address (e.g. IP address), browser type, browser version, the pages of our Service that you visit, the time and date of your visit, the time spent on those pages, unique device identifiers and other diagnostic data.

Service Providers

 

We may employ third party companies and individuals to facilitate our website ("Service Providers"), to perform website-related services or to assist us in analyzing how our website is used. These third parties will have access to your Personal Data only to perform these tasks on our behalf and are obligated not to disclose either directly or indirectly or use it for any other purpose. We may use third-party Service Providers to monitor and analyze the use of our Service, for example, Google Analytics.

 

Transfer of Data

 

Your information, including Personal Data, may be transferred to, and maintained on, computers located outside of your state, province, country or other governmental jurisdiction where the data protection laws may differ than those from your jurisdiction.

 

If you are located outside Cambodia and choose to provide information to us, please note that we transfer the data, including Personal Data, to Cambodia and process it here. Your consent to this privacy policy followed by your submission of such information represents your agreement to that transfer.

 

ISI GROUP will take all steps reasonably necessary to ensure that your data is treated securely and in accordance with this privacy policy.

 

Third Party Disclosure


We do not sell, trade or otherwise transfer your personal information to outside parties unless we provide you with advance notice. This does not include website hosting partners and other parties who assist us in operating our website, conducting our business or serving our users, as long as those parties agree to keep this information confidential. We may also release information when its release is appropriate to comply with the law, enforce our site policies, or protect ours or others’ rights, property or safety.

 

Marketing


ISI GROUP may use information collected from users for marketing purposes. If you no longer wish us to use your personal information in order to provide marketing materials, you may contact us and we will cease using your personal information. Alternatively, you can unsubscribe to marketing materials using the 'unsubscribe' button at the bottom of any marketing email.

 

Applying to work with ISI GROUP            

                                                           

We collect personal information from individuals who submit applications or register interest for employment with ISI GROUP. If the application is unsuccessful, we may keep that information in case other opportunities become available.

External Links

This site may contain links to other websites related to ISI GROUP, or others. Please note that ISI GROUP is not responsible for the privacy policies or practices of other such sites. For ISI GROUP companies, some privacy policies may be different, so please refer to their individual pages for their company privacy policies. We recommend that users read and be aware of the various privacy policies on each website they visit.

General Inquiries

 

If a user contacts ISI GROUP with an inquiry, they may need to provide personal details (e.g. contact information). ISI GROUP may use this personal information to track further correspondence. This information may also be used for some marketing purposes (see ‘Marketing’ above).  

 

Opt-Out

If you want to opt-out at any time, please contact us.

Keeping your information safe

ISI GROUP agrees to the following to ensure your experience is positive and personal information is safe.

a.      Not use false or misleading subjects in email addresses

b.      Adequately identify any advertisements as such

c.      Provide our contact information, including the physical address of our head office

d.      If using a third party marketing service, we will monitor them to ensure they fully comply with our privacy policy

e.      Honor requests to opt-out or unsubscribe to services to the best of our ability

f.       Allow users to unsubscribe to email marketing services through the link at the bottom of the email

g.      Provide instructions on how to opt-out/unsubscribe from email marketing services

 

Future Changes

We reserve the right to amend this Policy at any time. If any changes are made to this privacy policy, we will post an updated version on our website and may notify it publicly. We recommend that users who re-visit our site check the privacy policy for updates.

How to contact ISI GROUP

We understand that your privacy is important, and we are happy to hear your feedback on our website, services and policies. If you have any questions or comments, please contact us:

hello@isigroup.com.kh

Level 4 Raintree Building

299 Preah Ang Duong St. (110)

Phnom Penh