PHNOM PENH, Feb. 5 (Xinhua) -- Cambodia scored 2.808 billion U.S. dollars
of investment in 2007, Cambodian Commerce Minister Cham Prasidh said here on
Tuesday.
"The number of investment projects in 2007 was more than that in 2006, but
the investment volume went lower," he said on the sideline of the United Nations
Conference on Trade and Development (UNCTAD).
Mega investment projects were absent in 2007, which led to the decrease of
investment volume over 2006, he said, adding that however the government has
been making efforts for months to finalize several jumbo projects currently
under negotiations.
In 2007, for local investors, average single project had little investment
but the total number of such projects was big, he said.
The local investors' focus has diverted from resort and hotel construction
to agricultural and industrial projects as a result of the government's ongoing
reform policy, he said.
In the past decade, the economic growth of Cambodia has depended on four
pillar industries, namely garment, tourism, infrastructure construction and
agriculture.