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Cambodia attracts 845 mln USD investment in 7 months

Sep 20th at 16:07
20-09-2012 16:07:59+07:00

Cambodia attracts 845 mln USD investment in 7 months

Cambodia has granted licenses to 90 domestic and foreign investment projects worth 845 million U. S. dollars in the first seven months of 2012, a report of the Council for the Development of Cambodia showed Wednesday.

From January to July this year, investment by Cambodian businessmen topped the chart with a total venture of 207 million U. S. dollars, followed by China with 183 million U.S. dollars and South Korea with 108 million U.S. dollars.

ASEAN countries investing in Cambodia during the period are Thailand, Vietnam and Singapore with 84 million U.S. dollars, 83.8 million U.S. dollars and 16 million U.S. dollars, respectively.

The report said that local investors invested in the fields of fertilizer manufacturing, beverage manufacturing, rice milling, tapioca powder processing, garment factories, hotel and resort development and information technology.

Chinese investors put their ventures in Cambodia in garment and textile industry and rice milling, while South Korea in the fields of clothes manufacturing and real estate.

Last year, the country received 164 domestic and foreign investment projects worth 7.01 billion U.S. dollars.

xinhua

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