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Cambodia draws $2.5bn in foreign investment

 


December 20, 2007

CAMBODIA/INVESTMENT
Cambodia draws $2.5bn in foreign investment

Foreign investment into Cambodia has so far this year reached $2.5 billion, much higher than last year's figure.

Secretary General of the State Committee for Investment Suon Sothy said the increase was due to the Government's approval of foreign-invested projects to develop tourism on islands in Sihanoukville and Kampot province, according to Cambodia's Development Weekly.

Soun Sothy also attributed the rise to Cambodia's favourable investment environment and legal system to ensure safety for foreign investment in the country.


Courtesy VNA

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