Investment in Cambodia nearly doubles in 2017

Construction projects on Phnom Penh's Diamond Island. Heng Chivoan

Hor Kimsay | The Phnom Penh Post
Publication date 07 March 2018 | 14:15 ICT

Investment in Cambodia nearly doubled to $6.3 billion last year, up from $3.6 billion in 2016, an official at The Council for the Development of Cambodia (CDC) said today.

The remarks came at a Cambodia-China Business Forum in Phnom Penh, organised by the UN’s Industrial Development Organization, which brought more than 50 Chinese business delegates from 20 companies to Cambodia today to promote further investment.

“In five straight years, from 2013 to 2017, China was Cambodia’s largest foreign direct investor, with investment capital of $5.3 billion, or about $1 billion annually,” said Nut Unvoanra, deputy secretary general of the Cambodia Investment Board at the CDC.

“[Chinese’s investment] has been growing and will continue to grow in Cambodia in many sectors such as banking, industry and infrastructure,” he added.

In 2016, China surpassed Cambodia itself to become the largest source of investment capital in the Kingdom, according to figures from the CDC.

No new agreements or investment announcements were made immediately following today’s event.

Comments

លោក ហ៊ុន សែន ប្រកាសថា នឹងទៅចូលរួមកិច្ចប្រជុំអាស៊ាន-អូស្រ្តាលី ទោះមានបាតុកម្មប្រឆាំងលោក

រូបឯកសារ៖ នាយករដ្ឋមន្រ្តីកម្ពុជា លោក ហ៊ុន សែន លើកដៃគ្រវី នៅពេលដែលលោកទៅដល់មូលដ្ឋានកងទ័ពអាកាស Palam នៅក្នុងទីក្រុងញូឌេលី នៃប្រទេសឥណ្ឌា នៅថ្ងៃទី ២៤ ខែមករា ឆ្នាំ២០១៨។ កាន់ វិច្ឆិកា VOA Khmer 05 មិនា 2018 ទោះមានបាតុកម្មប្រឆាំងលោកនៅអូស្ត្រាលីក៏ដោយ លោកហ៊ុន សែនប្រកាសថា នឹងនៅតែទៅប្រជុំអាស៊ាន-អូស្ត្រាលី ព្រោះនៅអូស្ត្រាលីលោកក៏មានអ្នកគាំទ្រដែរ។ ភ្នំពេញ — លោកនាយករដ្ឋមន្រ្តី ហ៊ុន សែន នៅថ្ងៃចន្ទនេះ ប្រកាសថា លោកនឹងទៅចូលរួមកិច្ចប្រជុំអាស៊ាន-អូស្រ្តាលីនាពាក់កណ្តាលខែមីនាខាងមុខ ដើម្បីទុកមុខឲ្យរដ្ឋាភិបាលអូស្រ្តាលី បើទោះបីជាមេដឹកនាំប្រទេសអាស៊ានមួយចំនួនកំពុងរារែកចិត្តក្តី។ ថ្លែងក្នុងពិធីសម្ពោធសមិទ្ធផលក្នុងវត្តមួយនៅរាជធានីភ្នំពេញ នាព្រឹកថ្ងៃទី៥ ខែមីនានេះ លោក ហ៊ុន សែន លើកឡើងថា ក្នុងកិច្ចប្រជុំអាស៊ាន-អូស្រ្តាលីនាពាក់កណ្តាលខែមីនាខាងមុខ មេដឹកនាំអាស៊ានមួយចំនួនកំពុងរារែកចិត្តមិនប្រាកដថា នឹងទៅចូលរួម ឬយ៉ាងនោះ ប៉ុន្តែលោកថា លោកនឹងធ្វើដំណើរទៅប្រទេសអូស្ត្រាលីដើម្បីប្រជុ...

Is free Clash Royale Gems good - Ten ways to be safe

Is free Clash Royale Gems good? Ten ways to be safe. Gaming New video games and PCs are not only capable of providing fun and excitement for everyone, but can also provide certain benefits and advantages. With the help of advanced technology and popularity, the gaming industry has advanced and expanded rapidly over the years. If we look for a categorization of video games, these are roughly divided into eight main categories: Action These are fast paced and can contain a great deal of violence because of this. Action games are often inappropriate for children. These games are included in category "M" (classified for adults). Some examples are Halo, Star Wars, Jedi Knight, and Enter the Matrix. Adventures and role-playing games These are usually not as graphic as action games and can lead the player to surrealism and fantasy. Although adventure and role-playing games often contain violence, it is not as intense as the violence in action games. Examples in this category are Bo...

Business Insider: Incubator giving Cambodia’s startups chances to compete

Melanie Mossard, community director at Impact Hub. Photo supplied Robin Spiess | The Phnom Penh Post Publication date 05 March 2018 | 06:48 ICT Cambodia’s nascent startup scene is nurtured by tech and incubation hubs, which often partner with business leaders and NGOs to provide mentoring and funding to young entrepreneurs. The Post’s Robin Spiess caught up with Melanie Mossard, director of community at Phnom Penh’s Impact Hub, to see what the organisation has planned for the future. What is Impact Hub, and how do you contribute to the overall startup ecosystem in Cambodia? Impact Hub is a startup business incubator for young innovators with original ideas solving pressing problems and improving the life of local communities. In addition to monthly training, we provide mentoring, facilitate connections with relevant stakeholders and bring them emotional support. Since we started three years ago, we have been supporting 70 teams of aspiring entrepreneurs and 75 percent of them...

NewsAsianSport

Search This Blog