Treaty aims to attract, secure Hungarian FDI

Apr 27th at 09:38
27-04-2016 09:38:39+07:00

Treaty aims to attract, secure Hungarian FDI

A bilateral investment agreement between Cambodia and Hungary will be sent to the National Assembly floor this week after it gained approval from the Council of Ministers on Friday, according to spokesman Phay Siphan.

The agreement is aimed at attracting foreign direct investment from Hungary, while protecting the European Union member state from any negative investment impact.

phnompenh post



NEWS SAME CATEGORY

Trademark protection deemed vital for innovation

Newly appointed Minister of Commerce Pan Sorasak issued a shot across the bow yesterday at individuals and companies that infringe on the intellectual property of...

Call to end hefty transport costs

Newly-appointed transportation minister Sun Chanthol met with representatives of the nation’s logistics and transportation industries yesterday to discuss the...

Chopper to serve Koh Rong

Cambodia will see its first Bell Helicopter introduced into the luxury tourism market by the first quarter of 2017 after the Texas-based aerospace manufacturer...

Next passenger train set to run on April 30

Passenger rail services between the capital and the coast will resume on April 30, though neither the schedule nor ticket prices have been finalised, Tith Sam Oeun...

Port cargo traffic rises on swelling economy

Container traffic at Sihanoukville Autonomous Port (SAP), which operates the country’s only deep-sea port, increased by almost 10 per cent during the first quarter...

Industrial park looks to expand its land bank

Phnom Penh SEZ Plc, which operates a 357-hectare industrial park on the outskirts of the capital, is considering land purchases throughout the Kingdom and...

Freight rail services gather pace

Freight rail shipments have gained traction since commercial rail traffic resumed on the Kingdom’s sole operational railway line in 2013, but Royal Railway, the...

Kingdom’s first abattoir primed for Australian cattle

After a series of technical delays and setbacks, the Kingdom’s first industrial slaughterhouse is ready to begin operations and will start production upon receiving...

Talks aimed at forging a trilateral trade deal with Laos, Vietnam

Officials from Cambodia, Laos and Vietnam are discussing an agreement that aims to boost trade activities and the movement of goods among the 13 provinces included...

Vending machines find a niche

The vending machine in many developed economies is a regular fixture in transport hubs, office buildings and petrol stations. Nearly every conceivable consumer good...


MOST READ


Back To Top