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13 Aug 2008

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Cambodia attracts $1.5bn FDI in H1

Cambodia attracted as much as $1.5 billion of foreign direct investment in the first half of this year, three times more than the figure of the same period last year, reported the Vietnam News Agency (VNA) on Tuesday.

VAN quoted the statistics from Cambodian Development Council (CDC) as saying in its report that the Republic of Korea has emerged as Vietnam’s largest investor, making up 71.47 percent of total FDI, followed by China with 10.21 percent and France with 2.8 percent.

The council also revealed that most of the FDI projects focused on such sectors as agriculture, industry, manufacturing and tourism, and predicted that, with the current trend, Vietnam is likely to lure as much as $3 billion throughout this year from foreign investors, despite a military standoff with neighbouring Thailand over areas near Prear Vihear temple.





















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