KPMG Cambodia relocates to new working office in Phnom Penh

The newest office in KPMG’s global network has launched in Phnom Penh, with the firm’s Cambodian team relocating to fresh and contemporary space on the capital’s Diamond Island.

The Cambodian arm of professional services firm KPMG has officially launched a new agile office in Phnom Penh, set to house a swelling headcount of almost 400 professionals working across audit, taxation, transactions, corporate services and management consulting.

KPMG’s Cambodian branch was first established in 1994, and is today led by Vietnam and Cambodia CEO Warrick Cleine.

“Cambodia is an exciting market for many doing business in South East Asia,” said Cleine, a near three-decade veteran of the firm who was on hand for the grand opening. “While the tourism sector has been devastated by the Covid-19 situation, the export manufacturing, financial services, property and infrastructure sectors have remained buoyant, with a positive outlook for 2022.”

A recent report by economic forecaster Moody’s Analytics projected Cambodian economic growth of close to 6 percent for the year ahead to be almost in line with pre-pandemic trends, following an estimated GDP growth rate of 2.9 percent last year. The positive outlook is in part based on a return to tourism, underpinned by one of highest vaccination rates in the region.

In addition to Cleine, KPMG Cambodia is led by managing partner Lim Chew Teng, Nge Huy (Head of Audit), Mona Tan (Head of Tax), Dary So (Head of Accounting Advisory), and Advisory head James Roberts, who joined the firm’s upon its 2015 acquisition of Premier Consulting. Other partners include Guek Teav, Taing YoukFong, and Michael Gordon, Senior Advisor for Tax and Corporate Services.

Designed to support and inspire its growing workforce and host clients in comfort, KPMG’s new office offers a mix of event halls, meeting rooms, agile working space, and other premium facilities, with features including a 30 metre cascading waterfall and three scenic garden oases in the air. The reception has also been adorned with a piece from world-renowned local artist Sopheap Pich.

KPMG’s new office is located on the 35th and 36th floor of the GIA Tower on Koh Pich (Diamond Island), a mixed residential and business district situated at the confluence of the Mekong and Bassac rivers which has been steadily developed over the past decade. KPMG’s local Big Four and mid-tier rivals are largely spread across the eastern flank of the capital, which lacks a defined CBD.

During his visit to Phnom Penh, Cleine described the city as “vibrant, energetic and optimistic, as the people in Cambodia always are.”