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Home  >>   Daily News  >>Cambodia>>Automotive>>Officials bid to increase South Korean investment
NEWS UPDATES Asean Affairs     1 July  2016  






Officials bid to increase South Korean investment


A delegation of Cambodian investment officials and prominent private sector businessmen held a seminar in Seoul, South Korea, the day before yesterday in an effort to drum up more Korean investment in Cambodia’s growing agro-industrial sector.

The Cambodian delegates, which included representatives of the Cambodian Investment Board and the Cambodian Chamber of Commerce, briefed more than 80 Korean investors in attendance on the Kingdom’s investment climate and discussed potential opportunities for new investments.

South Korea ranks second after China in terms of total FDI in Cambodia, with significant investments in the Kingdom’s property, banking and agricultural sectors. It is also a key trading partner, with over $3 billion in bilateral trade reported last year.

Yesterday’s seminar aimed at informing Korean investors of the opportunities in Cambodia’s agro-industrial sector, which is deemed the priority area of the country’s Industrial Development Policy.

“Cambodia’s agricultural industry has been rising as an attractive investment destination with high-quality products and steady growth,” Cambodian state news agency AKP quoted Kim Young-sun, secretary-general of the ASEAN Korea Centre, as saying.



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ASEAN  ANALYSIS

This year in Thailand-what next?


AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

 


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