ASEAN states invest 178 mln USD in Cambodia in H1

Aug 16th at 00:42
16-08-2012 00:42:42+07:00

ASEAN states invest 178 mln USD in Cambodia in H1

Cambodia has attracted the fixed asset investments of 178 million U.S. dollars from its ASEAN member states in the first six months of this year, according to a report of the Council for the Development of Cambodia on Friday.

From January to June this year, the country granted licenses to four projects from Thailand with the total investment of 84 million U.S. dollars, four projects from Vietnam with 82.5 million U.S. dollars, and one project worth 11.5 million U.S. dollars from Singapore, the report said.

During the period, Thailand invested in rice industry, footwear factory and clothes manufacturing in Cambodia, it said. Vietnam was in the field of beverage manufacturing and rubber plantation and processing, while Singapore was in garment and textile industry.

The Association of Southeast Asian Nations (ASEAN) groups Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.

According to the report, since 1994, the ASEAN countries investing in Cambodia are only Malaysia, Vietnam, Thailand and Singapore.

In 2011, the country received the fixed asset investments of 880 million U.S. dollars from its ASEAN member states, it said.

xinhua



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