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Friday, December 19, 2008

China tops list of investing countries in Cambodia

PHNOM PENH, China topped the list of foreign investing countries in Cambodia in the past 14 years, with total amount reaching 5.707 billion U.S. dollars, national media on Friday quoted official source as saying.

South Korea trailed China with 2.749 billion U.S. dollars, followed by Malaysia with 2.199 billion U.S. dollars, officials of the Cambodian Investment Committee told Chinese-language newspaper the Jian Hua Daily at a commercial seminar held here on Thursday.

From 1994 to October 2008, Cambodia has attracted 24.768 billion U.S. dollars of foreign investment in all, with 24 percent of the investment used for service sector, 22 percent for industry,5 percent for agriculture and the rest for construction and others, the paper said.

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