Cambodia attracts 2.05 bln USD investment projects in 11 months last year

Jan 23rd at 17:32
23-01-2013 17:32:26+07:00

Cambodia attracts 2.05 bln USD investment projects in 11 months last year

Cambodia had issued licenses to 146 domestic and foreign investment projects with the total investment of 2.05 billion U.S. dollars in the first eleven months last year, showed a report of the Council for the Development of Cambodia (CDC) released Tuesday.

The report said China topped the chart among foreign investors in Cambodia during the January-November period last year, followed by Japan and South Korea.

During the period, the country received 36 Chinese projects with an investment of 249 million U.S. dollars; four Japanese projects with 211-million-dollar investment; and 26 projects from South Korea worth 159 million dollars.

It noted that China's investment focused on garment, furniture and rice mills, Japan in shopping mall, garment and electricity equipment, and South Korea in clothes, toys, electronic assembling, tapioca processing and bio-ethanol production.

Local businesses have proposed to invest 906 million dollars in 30 projects in garment, shoe, cassava, rice processing, and tourism resort development during the period, the report said.

In 2011, it said, the country attracted 164 domestic and foreign investment projects worth 7.01 billion dollars.

xinhuanet



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